Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Another case: Apollo's botched acquisition of Huntsman chemical company during the Financial Crisis. Apollo was going to pay $6.5B for Huntsman in a leverage buy-out. Huntsman wanted to force the sale, but ran into its own liquidity problems. So they decided to settle and take cash + a debt investment. Original breakup fee: $325m Settlement: $325m break-up fee, $425m in cash settlement, and $250m purchase of Huntsman 10Y convertible notes by Apollo. Source: https://www.nytimes.com/2008/12/15/business/worldbusiness/15iht-hexion.4.18685688.html I think Elon gets out of this for around $3B all-in. What a schmuck. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
