Philz Coffee Being Sold to Private Equity Firm for $145 Million, Employees Reportedly Getting Screwed Out of Their Stock

https://lemmy.world/post/33896689

Philz Coffee Being Sold to Private Equity Firm for $145 Million, Employees Reportedly Getting Screwed Out of Their Stock - Lemmy.World

Lemmy

Can anyone help me understand the fine print, if there are any?

How can one sell the company and pocket all the money without considering other stockholders?