Apple target of corporate raiders?
With 7.5Bn in the bank and a market cap of $32Bn, Apple would imho be a prime target for corporate raiders.
Take out a massive loan, snatch up the majority of outstanding shares, split off the iPod/iTMS/iTunes section into a new company, sell said company, cash profits.
Then pocket the $7.5Bn (23% instant profit).
Then sell off FCP and other video software in another company, cash profits
Then sell the remainder of AAPL on the stock market with some loss.
I sure hope AAPL has some conservative investors which do not agree to such a scheme...
Take out a massive loan, snatch up the majority of outstanding shares, split off the iPod/iTMS/iTunes section into a new company, sell said company, cash profits.
Then pocket the $7.5Bn (23% instant profit).
Then sell off FCP and other video software in another company, cash profits
Then sell the remainder of AAPL on the stock market with some loss.
I sure hope AAPL has some conservative investors which do not agree to such a scheme...