SLD
Premium
join:2002-04-17 | 1 Billion - where's the math here?
Wouldn't he get $456,000,000? That is 5.7% of 8 billion. |
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Samwoo
join:2002-02-15
Rancho Palos Verdes, CA | i whish i could get 456,000,000... |
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needforspeed59
Cruise Ship Just Passing Through
join:2001-05-02
Glendale, AZ | reply to SLD
It probably means he owns 5.7% of the stock. Multiply that times the buyout offer. Of course, you would have to know the number of shares of Cox are issued.
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Of all the people I know... you're one of them. |
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dk1983
join:2003-10-18
Boise, ID
clubs:
 ·Qwest.net
|  Someone has to take 3 seconds to click on the link and read it. If they had they would clearly see
Gates, chairman of Microsoft Corp. (Nasdaq: MSFT), owns 33.8 million shares of Cox Communication's class A stock (NYSE: COX), or 5.7 percent of the company, according to the most recent Securities and Exchange Commission filings. At Cox's initial offer of $32 a share, Gates' stake would be worth $1.08 billion. |
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Noodlin
join:2003-07-11
Monterey Park, CA | reply to SLD
Perhaps he owns Preferred Stocks as apposed to the common stocks own by the rest of common stockholders.
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aaaaaabaaa
@qwest.net | reply to SLD
keep in mind, this is the general public, they don't know how to calculate, they barely know how to point & click. |
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