GREY:ESOFD - Post by User
Post by
letsgetreadyon Sep 10, 2013 2:25pm
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Post# 21730282
Cash difference between FCU and AMW
Cash difference between FCU and AMW
I have reviewd the o/s options and warrants and current cash balances and estimate that AMW will contibute $7-10 million more to Merged FCU than will Old FCU. for this they got an extra 1.5% of Merged FCU. makes sense as at the date of the agreement FCU's SP was 1.34 and Merged FCU will have 349 million shares or a FD mkt cap of $467 million (@ 1.34). so 1.5% thereof would be $7 million.