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> UBS will, however, buy a $69.7 million note that is convertible into Wealthfront shares. I wonder if this is the effect of a sort of acquisition equivalent t
by mcqueenjordan 4y ago
> UBS will, however, buy a $69.7 million note that is convertible into Wealthfront shares.
I wonder if this is the effect of a sort of acquisition equivalent to a 5% earnest money clause/agreement? 5% of $1.4bn is $70m.