If Solo failed to meet certain commitments, Vestar could elect a majority to the board.
FORBES: Party's Over
2.
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
3.
O'Connell says that Vestar's fees are appropriate.