The once-trendy, San Francisco-born coffeeshop chain Philz Coffee has struck a deal to be sold off to a private equity firm for $145 million, but any employees who bought stock are getting the shaft, as they won’t see a penny of that money.
  • ook@discuss.tchncs.de
    4·
    6 days ago

    Can you just sell right now in the least? Like if you were quick enough, would it be possible? I guess not.

    • jonne@infosec.pub
      33·
      6 days ago

      Who would buy it? The minute they announced this deal the value effectively went to 0.