• CyberSeeker@discuss.tchncs.de
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      15 hours ago

      Just gotta follow the money. CEO gets paid based on the company’s valuation, so he’s making a crazy pitch to buy another company 4x of their own valuation in an effort to eventually pump and dump on the share holders (leveraged buyout).

    • EmpathicVagrant@lemmy.world
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      1 day ago

      specialty buy-only pawn shop did a bunch of buybacks after the shorting trend to recover.

      Quietly built a bunch of cash and assets to put against the bid

      Buy out a lead competitor online exchange to improve visibility and short term profits

      Coming soon - digitize and buy/sell to people directly while still reaping a slice for themselves for a small amount of the cost of workers

      They’ll be back under in 6-10 years minimum with how they spend.

  • Krusty@quokk.au
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    1 day ago

    So a leveraged buyout… Gotta max that debt to equity(leverage.)