Rejecting Billions, Snapchat Expects a Better Offer

Discussion in 'Economics' started by blakpacman, Nov 13, 2013.

  1. If this is true, then holding out may have been smart. But if TenCent DOES make that offer, they'd better take the money and run. Personally, I would've taken the $3B from Facebook and ran. A 2-year old company that doesn't make any money receiving a buyout offer like that? You just don't turn down an offer like that.
     
    #11     Nov 15, 2013