slt2021 3 months ago

syndication. Pool political and financial capital together to win the bidding from smaller less connected buyers, and share the final ownership

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  • xnx 3 months ago

    That seems like it would work, but how would they portion out the final ownership? Maybe the person who bid the most could get the most shares?

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    • slt2021 3 months ago

      Rich people can always find a common ground and negotiate deals among themselves, its what they do every day.

      As a rich person I’d rather get 30% of tiktok with 99% certainty by committing 30% of capital needed, rather than 100% of tiktok with 30% certainty and committing 100% of capital needed.

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