Re:SoftBank said to be trying to buy a big stake in Uber at ...
by spikels on Tuesday November 28, 2017 @01:11AM
(#15794836)
Just to get the terminology right: A tender is not a "round" - as in "a round (or series) of financing".
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Re:SoftBank said to be trying to buy a big stake in Uber at ...
by JumpCrisscross on Tuesday November 28, 2017 @01:44AM
(#15794974)
> A tender is not a "round"
"Round" is a colloquialism. It just means a financing. (Private equity "rounds", for instance, regularly contain dividend recap and other non-company benefiting components.) This financing was structured specifically to make its nature ambiguous. Debating what to call it is, by design, tedious.