4 ms·
This is a prima facie absurd view of buyouts; if this were actually how things worked it would be fiscally irresponsible to lend money to any corporation (becau
by clipsy 3y ago
This is a prima facie absurd view of buyouts; if this were actually how things worked it would be fiscally irresponsible to lend money to any corporation (because the ownership might change, absolving them of their debt), for example.
Or, succinctly: the owners of my bank made an agreement that I can withdraw my money at any time without fee. Should new owners suddenly be able to ignore that agreement? Impose fees? Perhaps even simply deny me the ability to withdraw money at all? I would hope the answer from any reasonable person would be a resounding "No."
- Ajay-p 3y agoI sense a great deal of passion in your comment. Has this issue impacted your life in the past?
- jtthe13 3y agoI sense a great deal of sarcasm and a lack of constructive criticism in your comment. Has this issue impacted your life in the past?
- deleted 3y ago[deleted]
- rsynnott 3y agoIt’s… not an issue! To be clear, a change of ownership does absolutely not get a company out of its obligations. That is not how it works, at all.