A bit harder math: £144+$72M = $187M+$72M= $259M
OK DUM-DUMs!!! Enough ignorance this weekend !
The earn-out using today's conversion rate, assuming non-hedging which they say they did to play Brexit?, is $187M
Add the $72M from the consideration. This is the exact wording of the deal you dum-dums obviously have not read! Surprise!! ??? "Specified third party" Where???
"If the Company acquires certain specified pharmaceutical products from a specified third party introduced to the Company by certain of the Vendors within 12 months of the date of the Acquisition, the Company will pay to the Vendors an additional US$72 million."