There are rumors that the employees did not get paid out. Such a deal could be done by, for instance buying the equity from the investors at a current fair market value.
That the new "investor" choses to let their investment die may not matter, it would also be cheaper to selectively buy out investors than buy out all equity in the company.
That the new "investor" choses to let their investment die may not matter, it would also be cheaper to selectively buy out investors than buy out all equity in the company.