Quote:
Originally Posted by Ab
The thing I'm warming up to is the hilarity of the merger being costed at $368 million in the budget, when the combined valuations of the two companies, according to their annual reports, is $366 million.
a) we all know that there's no way this is only going to cost $368 million
b) by the time it's completed, the value of the two companies will be a fraction of what it is now
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I'm guessing the bulk of that value is TVNZ? What dollar value would RNZ have?