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Originally Posted by Axeman444
So no mention here yet that Archer bought their stake for $180m, yet are selling for $100m (or $70-80m being the "more realistic valuation" as noted by Mr J Phelps).
Am I missing something here? Even DRT hasn't mentioned selling at half the cost of what they paid. Or have they recouped the delta through the TV rights?
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the last line from the Phelps article (doesnt give the reasoning however)
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Archer is selling Supercars as part of a parcel of investments that has now matured and will return a significant return to its investors.
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