I interpret the article as stating Apple could afford a 10B premium on top of the 7.22 market cap. These days some companies are being bought with a 65/70% premium depending on their product and its need. JMHO
"A bidding war could erupt if they are put in play, driving up the share price significantly."
How "significantly" is my question? Let us put this in perspective for a moment.
Let us say that yes, NUAN is being prepped at this moment for a possible sale. If 10 billion would be the asking price, we're looking at a [potential] share price of what from current levels, realistically...?
It harkens back to my post of some weeks ago. How do "they" decide how much NUAN is worth paying for. When I was working, folks I worked with used to say, "...money is no object for the rich".
I disagree with Seeking Alpha to this extent. Many rich folks [money rich companies] care a great deal about how much they invest---and how much they "spend". There is a vast difference between "spending" and "investing". Yet, I digress.
How would APPL, GOOG, etc go about determining just how much NUAN is worth, right now?
Those patents have got to be worth a bundle. Yet, how does a large company begin the arduous task of weighing and measuring, so that they don't wind up paying MORE than they have to...
The reason I ask is that I held a stock at $14 and it was sold to EMC for $34, just a year or so later. I was grateful at first blush, but after while, when the euphoria wore off, I had time to think...
"I wonder just how great a company ISLN could have been had they been left, on their own, to develop and expand? What might have been...?"