nuff said
this post was submitted on 15 Jul 2023
2498 points (97.9% liked)
Technology
58303 readers
13 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Companies taking loans out to have someone buy them doesn't make sense. Shouldn't that cost just be truncated out of the purchase?
But if they didn't do that then the purchase wouldn't happen, and the wealthy wouldn't be able to consolidate more wealth so easily!
There's also probably tax benefits if the business is paying some of the cost, rather than the buyer.