Originally Posted by
exwannabe
DL spent about $0.7B over fare value to conditionally buy the stock. Much of that will end up in the hands of the Chilean upper class.
In GAAP accounting the price paid over asset value is "good will". In this case, the good will buys good will :-)
Are you sure 0.7
B? I have a hard time seeing DL paying that. Removing 0.7B means the value DL should be paying is 1.2B. I dont see them paying 160%.