RE: TCG Books1 Aug 2019 16:00
Keep all things simple,
1.3b debt - costing a lot in interest and charges
100m mcap atm
9.5b revenue generating company
Long Established name
Forget assets
So one could buy this company for 1.3b debt and pay shareholders, let's say 3 times current mcap, 300m.
For 1.6b you will have a debt free 9.5b t/o company with other assets including airlines and hotels...
Why wouldn't kock or other billionaire not consider this?
Taking it to admin and ruining reputation and god knows what else is something they might wish to avoid.
Just trying to keep things simple