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[resending to some readers, sorry for glitch]
Posted this a few minutes ago, giving my theory of what transpired over the last few hours:
and then, perhaps in keeping with my surmise that Sam’s bluff was called, negotiations broke down altogether.
Sam’s out, presumably Greg is too. Mira’s no longer interim CEO. Probably a lot of employees will leave. The $86B secondary sale to Thrive is presumably unlikely to close.
Big scoop from The Information:
The drama continues.
Gary Marcus never expected to spend this weekend quite this way.
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