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by nocsi 843 days ago
The details of the MD acquisition is pretty crazy. It was like an unintentional SPAC whereby the company you’re buying owns you
1 comments

It'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.
Apple / NeXT

Google / Doubleclick