My CCPA case was dismissed ***without prejudice*** against the most important defendants, Randall Smith and Heath Freeman, but before filing a new complaint against them, I’d like to keep the other defendants on #copolitics #coleg
My CCPA case was dismissed ***without prejudice*** against the most important defendants, Randall Smith and Heath Freeman, but before filing a new complaint against them, I’d like to keep the other defendants on #copolitics #coleg
Shares: ~5.34 million
Sale cost: 5.34M × $16.50 ≈ $88 million
Offer by Alden difference: $3.50/share
Total upside denied: $3.50 × 5.34 million ≈ $18.7 million
The $18.7M gap might set a new valuation for Alden’s perceived market risk to just one city paper.
2/
Shares: ~5.34 million
Sale cost: 5.34M × $16.50 ≈ $88 million
Offer by Alden difference: $3.50/share
Total upside denied: $3.50 × 5.34 million ≈ $18.7 million
The $18.7M gap might set a new valuation for Alden’s perceived market risk to just one city paper.
2/