Naaah.. A group of private investors have put the final touches on buying gapingvoid.com for 14.62 billion dollars. The price to be paid in stock which is currently traded on the purple sheets of the TLSX stock exchange.
The valuation was done by an independent group of important business leaders to ensure fairness as well as ensuring an open process that gives good value to the shareholders:
– Kenneth Lay (Enron)
– Dennis Kozlowski (Tyco)
– Bernard Ebbers (WorldCom)
– Richard Scrushy (HealthSouth)
Congrats to Hugh MacLeod who will remain as he tries to get a merger completed with CSB for an additional few billion.