APX 1.17% $2.59 appen limited

Ann: Appen to Acquire Figure Eight & Launch Capital Raising, page-64

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  1. 2,192 Posts.
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    Hi Richiirichii,

    Acquisitions go wrong all the time. In business, it's known as 'the winner's curse'. That's why your CEO has to sell it.

    Guess who the big winners are from this acquisition? Yep, all those Stanford trained execs who sold the company for a potential $428 million payday.

    Guess who has to pay for it?
 
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