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by tyre
482 days ago
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it depends on how much money they had left in the bank. they raised $230m and are being acquired for $116m highly unlikely they spent all of it. If they spent 130 million dollars, for example, they'd have $100m in the bank and this $116m txn is net $10m acquihire. Financially, this probably didn't cost HP much yet. The real cost is whatever they approved for this team to build next, which will likely be a money pit. |
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