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Wednesday, December 21, 2016 10:34:20 AM
So you think $3b is more than the taxation they've had to pay on earnings they don't receive plus the dividends to the government that will cease? You're right, not even a freshman business school major would make that mistake. 10x earnings is the historical average for the past 15+ years the company has been trading. It's what the market participants have unanimously agreed on, clearly.
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