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  1.    #1  
    Are Elevation Partners now whole with their investment into Palm? What do they get out of this deal?

    And what about the hedge-fund company that invested recently? They make a big win?

    Just curious.
  2. #2  
    All stockholders will be paid $5.70/share.

    Insiders and large shareholders with stock options and preferred stock will convert thier shares to common shares, and recieve that amount/share.

    The total amount, after all shares have been converted, is $1.2billion.

    I believe Elevation Partners average share price is around $4/share, so they stand to make about 20+% on thier investment.

    That hedg fund invested from $5 - $5.50/share, so they will reap profits from thier investment, as well, when the deal closes and they get cash for thier shares.
    "The more I learn, the more I realize just how little I really do know!" -Albert Einstein

  3. #3  
    Quote Originally Posted by MilenkoD View Post
    Are Elevation Partners now whole with their investment into Palm? What do they get out of this deal?
    They take their losses, lick their wounds, and hopefully learn something from this investing disaster.

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