"In late 2005 it acquired NetNewsWire and hired me." "I shipped NetNewsWire Lite 4.0 on the Mac App Store, and a couple months later sold NetNewsWire to Black P

"In late 2005 it acquired NetNewsWire and hired me." "I shipped NetNewsWire Lite 4.0 on the Mac App Store, and a couple months later sold NetNewsWire to Black Pixel..." How do you sell a product after it has been acquired by another company? Did he somehow retain independent ownership of the Lite version?