@BillAckman @jackiereses @MichaelOvitz
Hey, Could you guys clarify- Hypothetically, if you found a good deal for Remainco in the next week, could you move forward with paperwork and have everything ready to go or are you limited until @UMG portion closes? Thanks in advance. LFG!
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a bit aggressive but a legit question to the team
I am mostly curious if they have to twiddle their thumbs for 90 days or if they can start having detailed discussions and working through a deal.
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I suspect they don't want a volatile price action before the deal is officially voted in and done. Higher price adds more liability to their balance sheet.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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