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A comment on Sierra was captured, then killed, by an accounting fraud.

Re:Sierra was captured, then killed, by an accounting fraud by the__alchemist on Friday October 30, 2020 @03:45PM (#24946153)
Is it normal to be acquired using stock? From a naive perspective, it seems like a conflation of 1: Getting paid, and 2: Gambling on a stock. Was there part of the agreement that stated the Williams' couldn't immediately liquidate upon deal completion?
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Re:Sierra was captured, then killed, by an accounting fraud by kelnos on Friday October 30, 2020 @04:51PM (#24946775)
It's not unusual. Some acquisitions are all cash, some all stock, and some a mix.
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Re:Sierra was captured, then killed, by an accounting fraud by Aeolun on Friday October 30, 2020 @11:44PM (#24948979)
I think the opposite is more unusual. If you get aquired by Facebook you generally switch your own stock for FB’s one, at least in most of the deals I’ve heard of.

Much better for the company to keep their cash free.

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Re:Sierra was captured, then killed, by an accounting fraud by krallja on Friday October 30, 2020 @06:56PM (#24947629)
There is usually a blackout period after acquisitions to prevent the new hires from quitting immediately.
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