Kmart bought Sears (back when Sears was far from worthless, and Kmart was fresh off a chapter 11) with nothing but its own overvalued stock, which was based on

Kmart bought Sears (back when Sears was far from worthless, and Kmart was fresh off a chapter 11) with nothing but its own overvalued stock, which was based on an inflated valuation of its real estate from a couple of very favorable sales. Point being, don’t rule out financial shenanigans if people who know what they’re doing are involved. (Note: I know nothing about who runs Perplexity)