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Robin Hood Investor Deal Crumbles

Sandy Schaefer

Robin Hood’s principal yesterday pledged that the retailer would “do our best to recover”, following a bitter bust-up between himself and an investor who, just five months ago, had agreed to recapitalise the business.

Sandy Schaefer confirmed to Tribune Business that he and Bahamian businessman, Hubert Pinder, had parted company over the latter’s alleged failure to provide promised equity capital in the millions of dollars to recapitalise Robin Hood.

Posted in Business

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