Ripple Investors Face Discounted Buyout Offers: Deaton Weighs IPO Risks
Let’s break it down: Cherokee’s bid is hardly subtle. They’ve set up two neat little price ranges. For claims over $100,000, they’re offering between 70% and 75% of the original value, and for claims under $100,000, they’ll drop it to a modest 65% to 70%. How thoughtful! The sellers, in return, get the joy of an immediate cash payout while Cherokee takes on the inconvenience of waiting for distributions. Isn’t that just a delightful arrangement?




