Ryuu96 on 19 July 2023
Extended, I Am Shocked /s.
$3bn was nothing compared to the $20bn they would have lost in market valuation.
Termination fee is now $4.5bn (that's fine, Microsoft ain't paying that cause the deal is going through).
Deal price is now effectively $96 a share (up from $95 a share), a $1 dividend + $95 a share original price.
With that I think it's safe to say that Microsoft had the advantage in negotiations.
Obviously, no company was willing to outbid the already high offer.
Last edited by Ryuu96 - on 19 July 2023
Essay Pro