Legal folks, can a non-profit be acquired for more than $0?
It's a great deal for Good as they get the fruits of $3.5 Million in charity for free, but I'm not sure how they would pay unless the IP was locked up in a for-profit licensing-centric holding company.
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Legal folks, can a non-profit be acquired for more than $0?
It's a great deal for Good as they get the fruits of $3.5 Million in charity for free, but I'm not sure how they would pay unless the IP was locked up in a for-profit licensing-centric holding company.
According to the article, there is no "fruits of $3.5 million", no real IP, no nothing.