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Post# of 8107
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pipedreamz76

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pipedreamz76

Re: Diogenes of Sinope post# 4907

Thursday, 10/11/2012 11:16:23 PM

Thursday, October 11, 2012 11:16:23 PM

Post# of 8107
IMO, Current book value on Sprint is only $3.07. That is how much would be left per share if Sprint paid off all of its liabilities and dissolved. Sprint shareholders would be stupid to turn down this deal. Softbank is offering them just over $6 a share for a 70% stake in the company. At the same time, I feel Softbank shareholders may veto this deal, because of Sprints High debt load. It will be interesting to say the least. It was apparent Softbanks shareholders were not thrilled about the deal as their stock plunged 15% today.

If you are going to believe what the other guy said, let me sell you some stock.

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