Coombes will be moving on after the merge, I wonder if it's because they forced the deal through against his wishes. The French gov't officials really screwed the shareholders...
“The best fit was Nokia,” he explained, having gone over the pros and cons of an alternative deal with Ericsson and Samsung. With Nokia, he secured a commitment to developing the French-based research and development centres, Mr Macron added.
...would love to see a counter offer...
If I multiply the shares outstanding by the per share value the numbers do not add up...
...what am I missing??
Shares Outstanding Deal Valued Per Share Market Cap
2,780,000,000 4.27 11,870,600,000
Shares Outstanding Deal Valued at Share Price Should be
2,780,000,000 15,600,000,000 5.61
"Instead it will be spun off either as a private company or floated in an initial public offering"
IPO means shareholders get shares, private deal means we get screwed...
Not sure what this means...
"The split roughly reflects the deal math, with Alcatel-Lucent shareholders owning 33.5% of the merged Finland-based company."
How does 55% become 33%?
I am not so sure about that. ALU had a good Q4. If they follow through with a solid Q1 and NOK does also it could be a really nice 6 months. The expectation is solid Gross Margins and flat sales, but revenue from 3 major deals in China may have hit in Q1. We shall see.
I own ALU, not NOK right now. Been in ALU since 2010.
I was in another stock years ago and the stock I owned was in ALU's position.
Traders were buying the acquiring company, NOK, and selling the target, ALU. The sentiment was similar to investor sentiment is now. That could explain the difference between 4.40 and 4.13 pre-market.
The reality is I think there is tremendous synergy and I am willing to wait 2-3 quarters.
All true. There are risks but I am expecting a share price well north of 5.33, which will probably mean 300-500 % return. I may sell half if the options get to .40 and let the rest ride..it'll be a free ride from there.
French President Francois Hollande's government has just rammed through a bill to loosen some shackles on business such as Sunday trading and plans new steps to ease labor regulation.
"Ericsson, the world's top mobile network equipment manufacturer, had intellectual property rights revenues of $1.18 billion in 2014, according to Reuters."
There's a huge opportunity for ALU to monetize now that they hired the right person....
I agree....but HPQ need to replace PC revenue with something, and NOK wants in on North American market share...a bidding war will take us higher than 7....