Saudi Crown Prince to acquire SNK

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Cheng's Errand Boy
Joined
Nov 1, 2020
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121
It's another one of his vanity projects. He's not investing into SNK to make a lot of money, he's investing because he's a nerd. That's a better reason than Leyou had.
He is investing because he has more than $1 T in cash back up by Saudi Aramco. For a better understanding, I would suggest the book Blood and Oil by Justin Scheck and Bradley Hope.
Today, SNK is majorly own by the Prince and holds about 96.2% of SNK’s shares: https://wccftech.com/snk-is-now-majorly-owned-by-saudi-arabias-crown-prince-foundation/
 
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