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When Kahoot, the startup that operates a popular platform for user-generated educational gaming, raised $15 million in October of this year, we mentioned that Disney had a stake in the company by way of the Disney Accelerator, and it had an option to become a larger shareholder if it exercised its warrants.
But the bank also wanted to repurchase its warrants, fearing it could remain subject to pressure from the government or another outside investor.
Old National's move to buy back its warrants illustrates how tricky it is to strike the right balance.
TODAY'S recommended economics writing: So it turns out Goldman Sachs gave the government $1.1 billion to repay its warrants, netting the government a nice 23% return on its equity investment.
Old National paid $1.2 million for its warrants.
Countries that are signatories to the court, Nigeria included, are obligated to honor its warrants.
Similar(36)
There is value in its content, and it warrants its place on Steam.
This doesn't seem like it warrants its own case.
So what makes a barbershop so unique that it warrants its own software platform?
I mean, does that show have enough fans that it warrants its own porno remake?
Yep, weed is now so corporate that it warrants its own specialized consultants.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com