This looks to me like the smoking gun on a type of acquisition that circumvents regulatory oversight, primarily driven by the "need for speed":

https://medium.com/@villispeaks/the-blitzhire-acquisition-e3...

which I first saw here

https://news.ycombinator.com/item?id=44553257

Circumvents regulatory oversight and also shafts 99% of the employees. Seems to be a backdoor way to acquire the key founders/leaders and IP (via a perpetual license) while leaving behind a desiccated husk of rank and file employees, customers, and obligations.