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soldiernerd t1_j6g3awn wrote on January 30, 2023 at 2:04 AM

Reply to comment by MyNi_NotYourNi in A theory of how PIF wanted to play LCID acquisition - but was sabotaged by No_Low_2541

It’s a fine question but the answer is that PIF doesn’t care about the value of their existing stake as much as they care about the cost of acquiring the rest of the company