Blockbuster PPS with $1B,$2B,$3B Offer.... 27-Mar-11 12:47 pm
Since some people( bashers, newbies, idiots, etc) are going to start again with BS- "nothing for shareholders"" anything for shareholders" etc,etc. Let see........
Debt:
Bondholders 2014:$600M with interest+fees= around $675M
Bondholders 2012:$300M with interest+fees= around$325M
We can agree that with $1 Billion Bondholders Debt can be satisfy.
"Studios" Debt: Around $100M
Cash Available: $ 68.6M ( January MOR 2011), february MOR should be out this week.
www.kccllc.net/documents/1014997/...
With a Bid over $1.1 Billion "Debt" can be satisfy.... Money above that goes to shareholders....
SHAREHOLDERS: A+B= Around 220 Million shares
THIS IS THE OFFICIAL NUMBERS PER SEC FILINGS!!!!
Number of shares of common stock outstanding at November 5, 2010:
Class A common stock, par value $.01 per share: 147,370,491
Class B common stock, par value $.01 per share: 72,000,000
sec.gov/Archives/edgar/data/10857...
$1B bid= Shareholders get nothing
$1.2B bid= Shareholders PPS around $0.45
$1.5B bid= Shareholders PPS around $1.81
$2.0B bid= Shareholders PPS around $4.09
$2.5B bid= Shareholders PPS around $6.36
$3.0B bid= Shareholders PPS around $8.63
with T-5 days to see the highest bid before Auction day this going to be craziest week around BB!....
Sentiment : Strong Buy
messages.finance.yahoo.com/...;mid=51807&tof=290&frt=2
kaufe den dip und werde nicht hipp