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Spotify's Daniel Ek Planning Offer to Buy Arsenal


Drew Angerer/Getty Images
Daniel Ek, co-founder and chief executive officer of Spotify, arrives for a morning session of the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.
How the streaming billionaire would fund a bid for the U.K. soccer club, which is valued at $2.8 billion, remains unclear.
Daniel Ek is not giving up easily on his bid to buy English football club Arsenal FC.
A day after owner
Stan Kroenke tried to quell reports of the Spotify founder’s interest in the club by saying Arsenal was not for sale, Ek confirmed in a CNBC interview that he wants to buy the team and has the funds ready to make an offer. ....

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Crazy Mountain founder sues brewery over wages years after he was fired


Crazy Mountain founder sues brewery over wages years after he was fired
BusinessDen file photos)
The former CEO of Crazy Mountain Brewing Co. is suing the company he founded in 2010.
Kevin Selvy filed a lawsuit against the Denver-based brewery on March 11, alleging that the company still owes him $21,112 in unpaid salary and other expenses years after firing him.
That amount has since increased to $37,294 due to Colorado Wage Act penalties, Selvy says in his lawsuit.
Selvy served as CEO until Crazy Mountain’s board of directors, which represents 20 or so investors who own the company, voted to replace him.
Selvy claims in his lawsuit that he was terminated on Dec. 31, 2018. Barry Watkins, the company’s CEO, disagreed with that timeline. He said he assumed the role in May 2019, at which time Selvy’s role at the company was reduced to president. Selvy’s contract expired at the end of 2019, according to Watkins. ....

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