Chip Wilson, the controversial founder of Lululemon, is selling 40.2...

2014-08-18T00:00:00

Chip Wilson, the controversial founder of Lululemon, is selling 40.2 million shares in the company, or half of his 27.7 percent share, for $845 million. The buyer is Advent International, a company that worked closely with Wilson in the past, investing in Lululemon in 2005, but cashed out in June ...

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