Fibertower Corp fka FBBT

[wirelessman77]

I would think that if the Fibertower(Solus/Broadbill) were smart they would have had some type of escalator in the deal or an opt out where they would pay a termination fee. So let's say Fibertower and ATT agreed upon $750M...was there an escalator or a termination in there so Fibertower after seeing $1.6B....$3.1B for STRP could come back around and say we will pay you ATT $50M to get out of our initial agreement and start the negotiations again. Not sure but I would think those Hedge Fund guys would be smart enough to know that. That is just a hypothetical. Everyone on here except a few completely ignored the timing of the deals. Hopefully Broadbill/Solus had some protections in there to essentially pay a little insurance so they could maximize the payoff. On a mhz pops basis Fibertower would be in the $2B+ area in comparison to Straightpath.

I have no idea what if anything the shareholders will end up with. What I think is equitable and fair is not what is actuality. What I do know is that ATT needs the Fibertower Spectrum Badly. Without it their 5G plans are set back many years and that leaves Verizon in the drivers seat. My ballpark is that $150M to $500M could be thrown at the shareholders. $3-$10 in compensation per share. That allows the deal to move forward and would make most shareholders happy. Don't forget that I have always assumed that the Bondholders also owned most of the outstanding common to hedge themselves in this position. At the end of the day for them it is a simply do they profit to the tune of $1.5B or $1.4B. Either way they win big but with the common shareholders getting a slice they win just a little less.