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Employee Shareholders

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businessmedia1 year ago

Sean 'Diddy' Combs Sells Majority Stake in Revolt Amid Allegations

Revolt has announced a new ownership structure where current employees will become the largest shareholder group after founder Sean "Diddy" Combs stepped down as chairman and his shares were redeemed. The company remains Black-owned and aims to enhance employee incentives and morale. This change follows Combs' exit amid multiple allegations of sexual misconduct.