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Re:Introducing Quip by Someone on Wednesday July 31, 2013 @01:35PM (#6135438)
From the privacy policy;

"Information that we collect from our users, including PII, is considered to be a business asset. As a result, if we go out of business or enter bankruptcy or if we are acquired as a result of a transaction such as a merger, acquisition or asset sale, your PII may be disclosed or transferred to the third-party acquirer in connection with the transaction."

Honest.

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