if they sell 51% of Stella for $1.2 billion....then the value in the "market place" for Stella would be $2.4 billion.
All companies have debt......when is the last time you heard of a takeover, whereby the suitor said yes, we will pay 10% above you current share price to takeover your company....but LESS YOUR DEBT.....no dose'nt work like that.
This is such basic stuff....
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