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That's 10 cents per share, considering their EPS is 14 cents, it's a pretty good deal. I wonder how they intend to invest that cash though, on the surface it se
by fleitz 15y ago
That's 10 cents per share, considering their EPS is 14 cents, it's a pretty good deal. I wonder how they intend to invest that cash though, on the surface it seems the thing to do would be to return it to shareholders.
- ralfd 15y agoIt is a good deal. A few days ago there were speculations AOL would get much less for it: http://www.bloomberg.com/news/2012-03-29/aol-inc-s-patent-sale-may-yield-290-million.html http://www.bloomberg.com/news/2012-03-29/aol-inc-s-patent-sa... "AOL Inc.’s Patent Sale May Yield $290 Million … It’s worth much less than what investors have estimated, based largely on the fact that most of AOL’s patents are not commercially viable, or junk grade.