Tech entrepreneur Paddy Cosgrave allegedly pulled the plug on a €200 million deal to sell Web Summit in 2017 without consulting the company’s other shareholders. The claim is among a slew of allegations – including “bullying” – made by Web Summit co-founder David Kelly who is being sued by the tech business after falling out with Cosgrave, an old school friend from Glenstal Abbey, over an investment fund he is alleged to have set up through improper use of Web Summit’s brand, resources and assets. The contested claims made by Cosgrave and Web Summit are playing out in US and Irish…
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