4 ms·

GM Closes Acquisition of Cruise Automation

• 11thEarlOfMar 10y ago
  Whew. I was curious to see how GM was going to react to the noise surrounding the last minute, questionable equity claims by former Cruise personnel. I was wrong, but I expected the 'stodgy, conservative, old-world, industrial enterprise' to drop it like a rag top. Glad they went through with it.
  • rmason 10y ago
    GM not only badly needs Cruise but the team which I'd imagine are locked into multi-year contracts. It would seem by seeing the deal go through that the former co-founder lost whatever leverage he had.
    • deleted 10y ago
      [deleted]
    • a_small_island 10y ago
      >the former co-founder lost whatever leverage he had. Doubtful. They probably have an escrow set up for any funds that are being disputed by the lawsuit.
• zymhan 10y ago
  So did we come to the conclusion that Jeremy wasn't being screwed?