this post was submitted on 28 Sep 2023
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[–] brawleryukon@lemmy.world 7 points 1 year ago (1 children)

if Sweeney ever loses a controlling amount of shares to them

To be clear, he can't "lose" shares to them. He might willingly sell shares to them (although that's unlikely as he's shown no indication of giving anyone else control over the company thus far), but it's a private company - the shares aren't just out there for Tencent to buy up and force a takeover.