why would the CEO cash at this stage?
it doesn't meet either history or objectives.
let's get to the real question - the purpose for the cash.
hard asset rather than buyback at this stage is my confident bet - share structure can wait until the deal is in place
details to be seen, of course, but I think CDs will be moved to the parent in GS leaving profitable subs to flourish, be "moved" perhaps...
CD holders will no longer cash in on burgeoning businesses at "embryo" deal conversion rates. Parent shareholders will be compensated at FMV with shares in subs/cash and the agreed (and increasingly profitable) assets will move to SWVC.
A lot of work - and beautiful.
All imo.
:)
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