Acquisitions made primarily with private stock really fall into two buckets:
- Those where the private stock is worth more than cash. It would have been a good bet to get pre-IPO Google stock instead of the same amount in cash.
- Those where the acquiring company stock is equally risky and the acquisition is made as a last-ditch effort (fire sale, consolidate investor portfolio, etc)
- Those where the private stock is worth more than cash. It would have been a good bet to get pre-IPO Google stock instead of the same amount in cash.
- Those where the acquiring company stock is equally risky and the acquisition is made as a last-ditch effort (fire sale, consolidate investor portfolio, etc)