what about this math?
they buy the whole shell for $8 a share 362/45M; crazy best case scenario
let's look at the Macau numbers on the post I made earlier.
took 4 years to recoup 400M and make 1.4 $B profit; let's say in tunica it takes half of that. 600M profit two years
$300M 1 year, which is how long it would take to get new regulatory approvals, etc.
so now we look at the discounts in this light. buying Myriad for $6 $4 $2 dollars a share 75/50/25%:
$2 would save $206M, $4 would save $120M, $60M would save $30M