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I think that's exactly why Facebook announced the Karma acquisition after markets closed Today. Since there won't be any underwriter protection to keep the pric
by faramarz 14y ago
I think that's exactly why Facebook announced the Karma acquisition after markets closed Today. Since there won't be any underwriter protection to keep the price at above $38 on Monday, I believe Facebook timely released the acquisition news to open Monday in favorable terms.
- ArchD 14y agoGiven the skepticism about the Instagram acquisition, the Karma acquisition could be interpreted either positively or negatively by different investors, couldn't it?