alessandro@lemmy.ca to PC Gaming@lemmy.ca · 2 months agoUbisoft shares plunge again after investor urges company to go privatewww.videogameschronicle.comexternal-linkmessage-square9fedilinkarrow-up1102arrow-down10cross-posted to: [email protected][email protected][email protected]
arrow-up1102arrow-down1external-linkUbisoft shares plunge again after investor urges company to go privatewww.videogameschronicle.comalessandro@lemmy.ca to PC Gaming@lemmy.ca · 2 months agomessage-square9fedilinkcross-posted to: [email protected][email protected][email protected]
minus-squareBeaver@lemmy.calinkfedilinkarrow-up28·2 months agoIt’s rare seeing investors asking for a company to go private.
minus-squarelath@lemmy.worldlinkfedilinkarrow-up29·2 months agoApparently it might be what happens when they’re trying to extract every bit of wealth possible before crushing it into nothingness and then moving on to the next parasitized host.
minus-squareAltima NEOlinkfedilinkarrow-up25·2 months agoGo private, sell out to a capital management group, undergo a bunch of cost cutting and selling off of assets, go public again if anything’s left.
minus-squareILikeBoobies@lemmy.calinkfedilinkarrow-up6·2 months agoInvestors want their shares bought out, they don’t want the public price/no one is buying
It’s rare seeing investors asking for a company to go private.
Apparently it might be what happens when they’re trying to extract every bit of wealth possible before crushing it into nothingness and then moving on to the next parasitized host.
Go private, sell out to a capital management group, undergo a bunch of cost cutting and selling off of assets, go public again if anything’s left.
Investors want their shares bought out, they don’t want the public price/no one is buying