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Isnt that the price the investment bank paid ?A slight discount for a large positon is not unreasonable.But, I thought Flowers deal pipeline was a major reason why the stock has done so well.If he is cashing out, does that mean the easy money has been made or what ?
Kind of sound that way to me. The question now is whether you think Goldman and Stone Point effectively replaces Flowers. Still pretty safe, can it do an equity like return is a different question. Of course that has a lot to do with where you buy it.
Note that Trident comes back and replaces JC Flowers. Can you say MARGIN CALL.Remember women hath no pity (divorce), massive investment losses= sell ESGR.A net positive.