Originally Posted by
1Seat 1Engine
Honest question then: What was the metric that made the AT board of directors decide to cash out as opposed to continuing independent operations?
I do not argue that the AT employees have built a company of value. Don't get me wrong.
But the irrefutable fact is that this isn't a hostile takeover. The AT board of directors sold the company. Why?
Because it's a merger acquisition (merger in the eyes of an arbiter, hint hint...) and there was enough money on the table to buy them out.