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bramflakes comments on Open thread, 24-30 March 2014 - Less Wrong Discussion

6 Post author: Metus 25 March 2014 07:42AM

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Comment author: bramflakes 27 March 2014 11:34:06AM 4 points [-]

In cases like this, a large portion of the "money" paid is actually in the form of shares, which can vary wildly on a day-to-day basis (especially during a takeover!). It doesn't make sense to specify the value of it too precisely because nobody knows what the shares are going to be worth tomorrow.

Comment author: Douglas_Knight 29 March 2014 09:27:43PM 0 points [-]

That's a good reason for the press to round such figures, but the actual figure is round, on the day it was decided, and that itself is mysterious.