Okay, another example, one many of us are very familiar with. JelSoft selling to IB. How did that go over?
Another one that y'all aren't familiar with but I am..this one was a forum community that was sold to a private company who promised "no change". Well, the change has been insidious but it has happened and not for the better because they see the community as a cash cow not as the passion the previous owners did. And while the growth rate is still there, it isn't nearly what it use to be and their advertising rate has dropped dramatically.
So yes, it can affect current customers.
I believe if you look in the TOS, there is a clause that will void a grandfather policy if the site is sold.
Liz