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The details of the MD acquisition is pretty crazy. It was like an unintentional SPAC whereby the company you’re buying owns you
by nocsi 3y ago
The details of the MD acquisition is pretty crazy. It was like an unintentional SPAC whereby the company you’re buying owns you
- cryptonector 3y agoIt's pretty common. Company A is doing well, company B is much smaller than company A, A acquires B, A's executives get wonderful retirement parachutes and promote B's executives. Thus A gets to be run by B as if B had acquired A rather than the inverse.
- fanf2 3y agoApple / NeXT Google / Doubleclick