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He doesn't own it yet. They have an agreement with a steep penalty for either side stopping it ($1 billion), but it hasn't closed yet. It will be 3-6 months before it closes.Now, if someone else comes in with a deal worth $1 billion more than his, I expect they will take it and pay the penalty just to keep him from getting it.
He doesn't own it yet. They have an agreement with a steep penalty for either side stopping it ($1 billion), but it hasn't closed yet. It will be 3-6 months before it closes.
Now, if someone else comes in with a deal worth $1 billion more than his, I expect they will take it and pay the penalty just to keep him from getting it.
