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RichDude

02/12/15 1:02 PM

#12070 RE: gofish165 #12066

I'm sure they did, but, that is not why they loaned the money. They loaned the money because they will get all of the profits & because they are going to get a BIG FAT bonus when they sell the company in 3 years! :)

Crusen

02/12/15 1:05 PM

#12074 RE: gofish165 #12066

Yes, they wrote a very tight loan agreement, which leaves shareholders approximately $50-150 million in value.

LUK loaned $300 million, and will under all circumstances recoup the principal plus approximately $700 million.

A very good opportunity for them.