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If Solo failed to meet certain commitments, Vestar could elect a majority to the board.
FORBES: Party's Over
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Paying Hulseman family members "is not the reason the company has not performed, " says Daniel O'Connell, a partner at Vestar and a member of Solo's board of directors.
FORBES: Party's Over
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O'Connell says that Vestar's fees are appropriate.
FORBES: Party's Over