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This sounds like what Cisco does with their spin-in process. They invest $100MM in a new company in exchange for a majority ownership stake, and retain the rig
by dpiers 11y ago
This sounds like what Cisco does with their spin-in process.
They invest $100MM in a new company in exchange for a majority ownership stake, and retain the right to purchase the remaining shares for a previously agreed-upon price based on performance targets.
More info here: http://www.businessinsider.com/why-cisco-showered-three-men-with-billions-2014-9 http://www.businessinsider.com/why-cisco-showered-three-men-...