5 ms·
How was it a ridiculous deal at the time? He paid what the company was worth just a few months before. I think it is normal for acquisitions to be higher than t
by cubefox 3y ago
How was it a ridiculous deal at the time? He paid what the company was worth just a few months before. I think it is normal for acquisitions to be higher than the current stock price. Initially it wasn't even clear whether the deal would go through. Had his offer been significantly lower, he may have not succeeded.
https://images.app.goo.gl/see6HtsjsuSZMioP9 https://images.app.goo.gl/see6HtsjsuSZMioP9