17 May 2017, 01:12 (Ref:3733972)
|
#64
|
Race Official
1% Club
Join Date: Dec 2002
Posts: 46,678
|
Quote:
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?
|
It is very clear Here that Supercar is part of a portfolio of assets inside a particular Archer investment growth fund, that are offsetting any losses that may be incurred on this sale, presuming it goes ahead.
|
|
__________________
Happy David Thexton Day, 21st March 2003
“I am not uncertain” - Dollar Bill Stern, Billions
“Fear stimulates my imagination” - Don Draper, Mad Men
“Everybody Lies” - Dr Gregory House, House
“Trust But Verify” - Commissioner Frank Reagan, Blue Bloods
|