VIAB (Viacom Class B shares) formerly CBS Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VIAB (Viacom Class B shares) formerly CBS

VIA 24.76

+8.1%

Jan 20 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MGV who wrote (2368)	8/23/1998 2:07:00 PM
From: Patrice Gigahurtz	Read Replies (1) of 4613

I am fascinated by their $3bill buy-back plan. Now remember my math is often suspect (wrong) but if in theory they could have gotten $1.5bill in that deal closing than they could have in theory gotten at $34 3/4 via buy-back 43.165 mill shares back instead of in theory (at $28 1/2) 42.383mill shares back; a difference of 1.6mil shares and about 45mill $ Soooooooo, if they in either case ($1.2bill vs $1.5bill) they could have gotten a significant amount of shares back, then the difference could be just $45mill (ish), right ? So if they spend the deal closing $$$ on buy-back it could in theory be a good thing no matter what the final closing deal $$$ was since they'd still could have in theory gotten a dramatic number of shares back....does this make any sense (?) or am I too close to this thing ??

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next