My (corrected) calculation - $6.29 per share minimum Case without the Dish Deal Total Assets: About 752 Mio. $ - Total Liabilities: About 506 Mio. $ = Shareholder equity (we are in the money) 246 Mio. $ = (246 Mio. $ / 139 Mio shares) $1.77 per share Case with the Dish Deal included Total Assets (if all Assests bought - Minimum case): 1.38 billion $ - Total Liabilities: About 506 Mio. $ = Shareholder equity (we are in the money) 874 Mio. $ = (504 Mio. $ / 139 Mio shares) $6.29 per share Source http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64938073