can you explain it for us morons?
can you explain it for us morons?
Softbank bought (say, this is not the actual number) 5% of Intel, assuming they got 5% of the company, and then Intel makes a deal with the government to make new shares and give it 10% of the new shares, which means they actually bought only 4.5% of Intel, and therefore significantly overpaid
TL;DR another Softbank disasterclass
don’t waste any tears Softbank is part of the Stargate project
I’ll manage lol. Thanks for the clarification!
actually Intel made up new shares until the Government has 10% of all Intel shares ever, wanted to make that clear, not just 10% of the made up shares