You mentioned that Malone possibly buying shares on the open market(has to now, before price goes up, because hes going to want the extra 9% of the common at come point, and in 3 years, he just has to buy 2 percent more and he can do whatever he wants with the company. The tax loss is huge as well, as they are related industries, and Malone can justify the acquiring of Sirius.
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Relmor,
Feb 21 07:54 am
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All Comments by Far away »The Sirius Price of Liberty [View article]
You mentioned that Malone possibly buying shares on the open market(has to now, before price goes up, because hes going to want the extra 9% of the common at come point, and in 3 years, he just has to buy 2 percent more and he can do whatever he wants with the company. The tax loss is huge as well, as they are related industries, and Malone can justify the acquiring of Sirius.
What do you think about Malone being as new CEO?