NOT adding billions in debt. Once the share sale and bond are carried out, the company said it intends to repay 2014 and 2015 debt issuances, Chief Financial Officer Jean Raby said on Monday.
After the moves, the group's net debt will be roughly between "break even" and 50 million euros, he added.
How much would the legal fees be to fight this? What are the Idiosyncrasies of Florida law, courts, judges and juries? Would they likely been found guilty, even if innocent? I don't have the answers to these questions. I hope that the legal team involved got the best deal probable.
How do you get $2.5 billion? I get about $1 billion. BK owns 20.7% (Source 2012 annual report financial section page 128). Bloomberg estimates a value of $5 billion (current market value after Monday's gain is $4.6 billion). It would have to go to $12.5 billion for us to get 2.5 billion. At $1 billion it would be a $550 pre-tax gain.