• Oaksey@lemmy.world
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    5 months ago

    In general the reasons could be, an opportunity to raise capital meaning they can ramp up production or produce a better product, and/or the current owners want to cash out.

    • Croquette@sh.itjust.works
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      5 months ago

      Most of the time is for the owner to cash out. Either now, or in a short time when the ramp up is done, for more money.