These sentences are an excerpt from a magazine:
"One was that Sarbanes-Oxley has made it more expensive to be a public company. And although other companies were interested in acquiring us, we wanted Pure to be a long-term play; as a small public company, we would find it harder to fend off M&A interest than if we stayed private and maintained control. But the biggest reason stemmed from the precedents set by Google and Facebook, which both stayed private much longer than venture-backed companies have historically."
I'm wondering how to understand this part:
"we would find it harder to fend off M&A interest than if we stayed private and maintained control."
How can I understand that?
Could you tell me, please?
If they were a small public company, they would find it harder to prevent another company buying them and taking them over. If they stayed private then they could prevent this.
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If they were a small public company, they would find it harder to prevent another company buying them and taking them over.
If they stayed private then they could prevent this.