| Ryuu96 said: 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. |
Not sure if any other company would be willing to outbid MS because I doubt ABK fished around in the timespan between working out this new deal with MS but the expected termination fee pretty much in line with what I felt ABK would seek. There is still the chance the deal does not make it to the finish line so it was always in ABK best interest to squeeze a little more money from MS if things still goes sideways.
Essay Pro