3 ms·
> The ultimate goal is to sell Bird’s assets, with a so-called “stalking horse” agreement kicking off a bidding process designed to get as much value out of Bir
by LeafItAlone 3y ago
> The ultimate goal is to sell Bird’s assets, with a so-called “stalking horse” agreement kicking off a bidding process designed to get as much value out of Bird as possible, with its lenders setting a baseline bid before opening things up to external suitors over the next four months.
They might end up in the hands of someone that wants them.
There are many different scooter companies, so it’s likely someone will pick ups the assets.