Originally Posted by
kingreecan
Based on a thread I believe from yesterday by Homer, regarding the motives behind the poison pill, I posited this to Homer... anyone else, please feel free to put forth your interpretations of the recent news and how it impacts us 'low level' shareholders...
been awhile since I posted... hope all are well:
So, Homer, based on your opinions and interpretations, the likelihood is that Liberty is buying SXM for the purposes of an incredible tax break. If that is the case, and in 3 years from now they do the following, please describe what it might possibly mean from a shareholders perspective:
1. Liberty goes over 50% ownership in SXM (but not 100%).
2. Liberty buys 100% of SXM (which I think would mean SXM went private, right?).
Your reply to these questions is greatly appreciated; thanks for your time on them.
KR