RE:RE:Market Cap vs SPA floor value was established for those assets, we only lost 10% of NWH (got decent money for the rest later) and moved a good chunk of debt off the balance sheet. Mission accomplished.
YodaLayhehoo wrote: This statement is so incompetent that you must know the BS that is coming out of your mouth. First the value of the deal was on the debt reduction of 635 million. That is the whole focus of this company currently and they walked away with 900 million on that deal not the 399 million you're stating. On top of that they still own around 35-40% of the company. So on top of the 900 million they recieved they still retain 255 million in their remaining shares.
Bringing the total value of that deal to: 1.15 Billion
Whereas if they had kept those assets under the ticker ALA they would hav decreased in value by 50% when the stock tanked. Creating another 500 million in shareholder value.
So opolio tell me again what's so bad about this deal?