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Renren Inc. Message Board

  • investora2z investora2z Aug 25, 2013 7:46 AM Flag

    Divestiture changes things..

    The divestiture of nuomi should make things better..

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    • I saw the word.divestiture used several times about Renn and nuomi.

      To divest is opposite of invest.

      But when you get 160 mm for a stake in your co.

      That is not a.divestiture it's a partnership.

      If Renn was divesting from nuomi they simple.stop investing in it.
      The sale of a portion and holding a large stake.still.

      Seems like the weirdest word choices by the media.

      Renn divested nothing. They gained 160 mill. And kept a huge stake.

      Divesting usually means pulling away from with out anyb thing in return

      Renn got 160mm ... 10x revs from bidu on nuomi deal. And Kept 41% stake

      What did they lose ? Nothing they only gained.

      I never heard of a unit sale where the seller in the best deal

      As a divestiture. When the keep a huge stake and made a bundle on the sale .

      Partnership is the word 99% of people call a deal like.this.

      Divestiture Is the wrong verb

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