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Gary Stolkin, the former chief executive of The Talent Business, and Lucy Meredith, the chief executive of its US office, have completed a management buyout of the company.
The pair, who each now own 50 per cent of the business, bought it from the parent company Hat Pin for a cash consideration of pounds 1.5 million, with the possible addition of a performance-related bonus sum of pounds 1 million, which would be payable over the next two years.
The MBO had been under discussion for some weeks, but discussions came to a halt two ...