If I'm not mistaken ONO wasn't a public company so I'm wondering why should basically anyone care except the parties involved? Reading about big acquisitions o

If I'm not mistaken ONO wasn't a public company so I'm wondering why should basically anyone care except the parties involved? Reading about big acquisitions of non-public companies (or public companies whose shares you don't own yourself) can sometimes be nice entertainment, but I fail to see the significance of the lack of news coverage as assumed by the OP.