Richard Branson to sell Virgin Galactic shares worth $200 million to save his business
Shortpedia
Content Team
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Undoubtedly, the coronavirus pandemic has hard hit global business, giving proof of the same is Richard Branson, who is considering selling another chunk of his stake in Virgin Galactic Holdings worth $200 million to save his business empire. Holding company Vieco 10 may sell as many as 12.5 million shares in the space-travel firm, according to a regulatory filing. Branson's Virgin Group is the majority owner of Vieco 10.
