12-14-2023, 08:29 PM
(12-14-2023, 07:31 PM)F Gump Wrote: Yes all the minority owners sold out as part of the transaction. Cuban (with ~25%) and Adelson (with ~75%) are the only owners going forward.I did understand that all minority owners sold out in this deal. What’s confusing to me is you said Cuban sold 75% of his shares to the A’s and then calculate the amount he should have received based on the valuation of the team. Cuban had somewhere around 85% shares as I read somewhere. If he sells 75% of those he would only have 10% left. Since it’s reported that he retained 25%, that, to me means he sold less than 75% to the A’s. Where am I wrong?