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by ohsnapman 3487 days ago
> The deal will mean the Pebble stock held by employees is worthless, two of the people said. The money will instead go to debt holders, vendors, some of its main equity investors, and Kickstarter refunds for the Time 2 and Pebble Core orders, the people said.

https://www.bloomberg.com/news/articles/2016-12-07/pebble-sa...