Re: LAW360 E.digital Mention Apple Ordered To Pay $3.3M In IPod Patent Suit In Japan
posted on
Oct 02, 2013 08:58AM
My calculations again, at $5.12 per share or 1.5 billion buy out, it amounts to 1% of their cash on hand.
At $7.00 a share, or 2.05 billion, it's about 1.4% of the cash.
With that they get the patents, free from infringment, control of the use by other companies, and eliminate the embarrassment of infringing in the eyes of the world corporations if they even would admit to theft.
Handal should start the negotiations with a higher amount and a minimum amount that would satisfy the shareholders and the management.