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Investor argues in favor of preserving his investment. That's about as much weight as I care to give his arguments. Also, as an aside, is it really a "merger"
by JonFish85 10y ago
Investor argues in favor of preserving his investment. That's about as much weight as I care to give his arguments.
Also, as an aside, is it really a "merger"? I see it as an acquisition--one company buying the other out.
- jmtulloss 10y agoThese terms have legal meaning, and the deal is probably structured as a merger. Since GM is so much larger than Cruise, I would speculate that they're forming a new wholly-owned subsidiary that Cruise is merging into, or some other sort of triangular merger.
- tclmeelmo 10y agoAn investor who also has at the very least a strong personal motivation in proving that SV and YC are capable of creating value in "hard tech": http://blog.samaltman.com/hard-tech-is-back http://blog.samaltman.com/hard-tech-is-back
- deleted 10y ago[deleted]
- philip1209 10y agoReverse triangle mergers are often how acquisitions like this happen: http://www.investopedia.com/terms/r/rtm.asp http://www.investopedia.com/terms/r/rtm.asp