If they'd gotten cash, they still wouldn't have gotten what you claim is their "...

mseebach on Jan 30, 2016 | parent | context | favorite | on: Goldman Sachs and the $580M Black Hole (2012)

If they'd gotten cash, they still wouldn't have gotten what you claim is their "fair share (billions)". They would have gotten about $464mm (80% of $580mm, Seagate had a 20% stake), assuming they didn't get a premium for taking the all-stocks. Taking the stock was their bet on getting their billions.