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by jacquesm 2954 days ago
No, in that case the owner is just a shareholder. But if the original legal entity no longer exists (which I believe is the case with Instapaper) then it doesn't matter that you've been acquired, you are now part of the mothership.
2 comments

But if the original legal entity no longer exists (which I believe is the case with Instapaper)

Unlikely. "Instapaper Holdings, Inc." is right in their footer.

So a LLC with owned by a larger company would that allow for the owner to be a shareholder ?