Facebook’s Giphy Legally Avoided Filing for Deal, Experts Say

Giphy paid dividends to shareholders before Facebook bought it in 2020, Bloomberg reported.  That lowered the value of Giphy’s assets, exempting it from telling officials of the deal before it closed. Experts say the move was completely legal at the time, and it highlights potential holes in antitrust laws. Loading Something is loading. US authorities… Continue reading Facebook’s Giphy Legally Avoided Filing for Deal, Experts Say