Chintu n Chirag should have remained as CEO. it’s a cash-free merger so they relinquished CEO position and in exchange got 75% holdings. They are still a co chairman in board but now all business decisions will be made by all members of the combined board.
In simple words, instead of keeping commands in their hands, chirag and chintu have sold the operations of this company for money. Shame on you Guys. This will adversely affect Amneal employees. Most of them are on H1B. If new CEO kick them out they have no idea where to go and what to do?