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Here's the key take-away: > "Fusion-io ... has reported a loss for five quarters in a row." This is why the stock was down so low, and why they were willing t
by djloche 12y ago
Here's the key take-away:
> "Fusion-io ... has reported a loss for five quarters in a row."
This is why the stock was down so low, and why they were willing to take the offer. You run a business at a loss long enough and your board starts thinking about other 'strategic options' including selling to competitors with big pockets.