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Getting stock in exchange of grants makes more sense than "pure" grants. This stock can later be sold, to benefit the taxpayer.
by rvba 1y ago
Getting stock in exchange of grants makes more sense than "pure" grants.
This stock can later be sold, to benefit the taxpayer.
- behringer 1y agothat's not a grant. That's just buying stocks.
- BeetleB 1y agoIt's effectively a grant. The US government isn't buying existing shares. Intel is issuing new shares and selling them to the US government - so actual money is being transferred to Intel (and existing shares are being diluted as a result).