Understanding the deal, page-5

  1. 583 Posts.
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    Hi Brixham.. I hear your comment and don't necessarily disagree. I'm not sure if you are aware that under the agreement to purchase NS for every 1 million of EBIT not earned on average over the next three years DP will loose $5,000,000 worth of OBJ shares. For example if the average EBIT of NS over the next three years is $8 Million DP will receive $40 million shares. This means that the purchase price is adjusted to $75 million. $35 million of cash and $40 million equity in OBJ
 
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