Gogo announces Ripplewood distribution, director resignations Gogo announced that Ripplewood has distributed all 27.6M of its shares of Gogo common stock to its funds' limited partners. Following the distribution, Oakleigh Thorne and entities affiliated with Thorne will continue to own approximately 29% of outstanding Gogo common shares. Simultaneous with the share distribution, three Ripplewood directors resigned from the Gogo board. The resigning directors are Timothy Collins, Lawrence Lavine and Christopher Minnetian. These resignations reduce the number of directors on the board to eight, and the Gogo nominating and corporate governance committee intends to promptly consider whether to fill any or all of these newly created vacancies.
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