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jarenawer

01/07/15 8:29 AM

#278190 RE: mike_usa #278185

Warrants will be revoked as Mayopoulos stated taxpayers were paid in full. Buy.

TII

01/07/15 9:42 AM

#278216 RE: mike_usa #278185

Mike, I think AT is rounding his number slightly. FnF together have close to 2B shares outstanding. IF warrants (80%)were to be exercised then you would have almost 10B SO. $400B divided by 8B shares = $50 per share.

Does anyone have a link to where Ackman actually spoke about FnF...not the other companies he spoke on?

If not, maybe someone that watched/recorded it could give a play be play.

TIA