XpresSpa Founders Hit With Sanctions Bid In Takeover Fight


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Law360 (April 6, 2018, 2:35 PM EDT) — The holding company that bought XpresSpa and some members of its board pressed a New York federal judge on Thursday to sanction the airport spa chain’s founders who claim they were tricked into approving the takeover, saying the suit violates a release agreement the pair signed.


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