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It doesn't say if Tencent gets a board seat or not. Without a board seat the impact should be less...
by yumraj 8y ago
It doesn't say if Tencent gets a board seat or not. Without a board seat the impact should be less...
- carboy 8y agoIf they don’t get a Board seat it would be the dumbest $300m ever spent, but if they don’t get a Board seat it means their interests are already protected and represented.
- jedberg 8y agoI think I read that Tencent only put in $100M of the $300M. Which means they only bought 3% of the company. That wouldn't warrant a board seat.