News for hackers. Stuff that matters.

A comment on RIP LivingSocial: The fast rise and slow demise of a daily deals company.

Re:RIP LivingSocial: The fast rise and slow demise of a dail... by pmiller2 on Sunday February 26, 2017 @04:59AM (#13736513)
What does a $0 acquisition even mean? What would the purpose be?
[ Parent | on HN ]
Re:RIP LivingSocial: The fast rise and slow demise of a dail... by kolp on Sunday February 26, 2017 @05:20AM (#13736559)
The acquiring company acquires the target company's assets in return for assuming its liabilities. No cash changes hands.
[ Parent | on HN ]