John Skipper
👤 SpeakerAppearances Over Time
Podcast Appearances
What happens if they go down 10%?
But all I'm suggesting is around the margins.
I'm not suggesting, oh, we're going to go from 86 to 120.
I'm suggesting around the margins.
You're playing a game.
I just chose not to play the game.
They want to buy it.
They know that Wall Street will like it.
They'll accept it.
But who gets punished for doing a deal that's a few billion dollars too much?
Not very much.
Shareholders.
But again, you're assuming there is a precision that really cannot be calculated completely accurately.
I do think the intangible benefits of an acquisition, we paid what the CFO of the company, my company, and the CFO of Walt Disney Company thought was an insane amount of money for BAM.
Right?
Do you think those numbers... Baseball advanced media.
Yeah.
You know that business, David.
Was what we paid ever a mathematical good deal?
I wanted to vote against the transaction, but was told I couldn't.