4 ms·
No, not usually. When a company is acquired it is rolled up into the company purchasing it, brings in some fresh funding to start in another direction, with a d
by TrapLord_Rhodo 4y ago
No, not usually. When a company is acquired it is rolled up into the company purchasing it, brings in some fresh funding to start in another direction, with a dedicated 'team' going forward to run the org, etc. etc. Sometimes this is done for strategic reasons, or plain and simple acquihires. Deals are not usually done by a single individual pooling capital from various places to take a public entity private.
There are obvious examples where this has happened in the past, but no - this is not a normal acquisition by any means.