Submitted by [deleted] t3_10piqp1 in wallstreetbets
Shocknaweem t1_j6ko612 wrote
Well hot damn, looks like that Lucid Buyout might be bigger than a hog on a hot summer day! Ain't no 10-15 bucks gonna cut it, it's gotta be worth more than a cow in a field of hay!
Peter ain't no ordinary feller, his average is as high as a moonshine still on a hot summer night at 28 bucks a share.
You're tellin' me the buyout might be worth 50-65 billion dollars, now that's crazier than a cat in a dog house! But I reckon there's a reason for it, with them Saudis ownin' 64% of the float, they gotta offer a premium as high as a hog on stilts so the U.S investors don't block it. They're only payin' a premium on 36% of the company, so even if the buyout is at 50 bill, they're only payin' 18 bill plus fees. I bet it's gonna be worth even more than that!
That's why Peter and them Saudis keep buyin' and fundin', with JP Morgan guidin' the way. Ain't nothin' to them Saudis givin' 'em a credit line.
wallstreetbetsdebts t1_j6kon9p wrote
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