Re: 50 cent makes $400 mill on sale of vitamin water
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You would think Coke knows what theyre doing, but how the hell can they pay $4B for a company that did only $300mil in sales? What am I missing?
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~300M x # of years?
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Thats $300mil in sales not earnings. Reminds me when Quaker oats bought Snapple for $1.5 bil and ended up dumping it a few years later for under $500mil.
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this is probably a high variance play.
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