Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Barronio who wrote (36036)	5/14/1999 2:39:00 AM
From: Barronio	Read Replies (2) \| Respond to of 122087

<CLEV> I did a little checking (by no means exhaustive) and it looks like the 21.20/share number if the team is sold for $300 million is about right. The public company owns 51% of the team, and Jacobs owns the other 49% plus about 30% of the public company, thus roughly 2/3 of the team. What I didn't have time to look into is whether there is anything that would prevent a new owner from paying $200 million to Jacobs for his share (and control), but leaving the public shares public and preventing shareholders from cashing in at perhaps a 30% premium to where the stock is now.