5 points | by bhouston 12 hours ago
3 comments
Easy come, easy go
I originally read about it here but this article is paywalled:
https://www.nytimes.com/2025/09/12/business/pch-sweepstakes-...
Even after the assets of PCH were acquired it doesn’t include its liabilities. So these lifetime winners are completely out of luck.
What a strange deal - you can buy the assets of a company but not the liabilities? What oligarch invented that insantity.
Easy come, easy go
I originally read about it here but this article is paywalled:
https://www.nytimes.com/2025/09/12/business/pch-sweepstakes-...
Even after the assets of PCH were acquired it doesn’t include its liabilities. So these lifetime winners are completely out of luck.
What a strange deal - you can buy the assets of a company but not the liabilities? What oligarch invented that insantity.