RE:Shorts can't do math of payments (Only 72 is due OCT 1)Not even sure that half of the earn-out is due on October 1st. It is calculated based on performance to September 30th, but I don't know of any major corporation that closes its books for a quarter in one day. They will pay at least half in Q4, bit likely not in the first week.
greatplay wrote: 144 MLN British pounds are due in 2 portions of 72 MLN British Pounds each, October 1 and February 2017;
Funny that they add them up :) though only 72 is due
Line of credit is $200MLN and each quarter there's at least 50MLN free cashflow