The "also today" choice of wording is odd. Generally this seems like a straight acquihire, startup gaining attention to get bought by a bigger company and exit operations. But the Forbes article (http://www.forbes.com/sites/briansolomon/2016/07/14/flightca...) makes it sound like it's a business that's been failing.
So I guess the question is: Shutting down because it was acquired, or selling off value because it's shutting down? I guess the answer lies in how much FlightCar was sold for.
So I guess the question is: Shutting down because it was acquired, or selling off value because it's shutting down? I guess the answer lies in how much FlightCar was sold for.