It practically pays for itselfJimmy, $38.00 might do it. Listen to your buddy, Glen Pilarino Clark. You'd essentially get the rest of the company for only $13 million after you deduct the $1.3 billion of cash on hand and the duties on deposit with the U.S. Quite the steal....
Jimmy's purchase price | 38.00 | 60% | Premium to Friday's close |
Shares outstanding | 122,520,000 | | |
Total | 4,655,760,000 | | |
Minority % | 47% | | |
Minority purchase price | 2,199,440,000 | | |
Net cash on hand | - 1,307,900,000 | | |
Duties on deposit (CAD) | - 878,200,000 | | |
Net price for Jimmy | 13,340,000 | | |