Trading is for suckers, this is where the real money is:

[SoesWasBetter]

Read this, it's from a filing on the upcoming MERGER between CTRX division and LOGM.

No product is sold, nothing created other than a tax dodge.

Behold the fees earned for shuffling paper.

Q: What are the anticipated transaction expenses of the Transactions?


A: As of the date of this proxy statement/prospectus-information statement, LMI, Citrix and GetGo expect their combined transaction expenses to be approximately $165 to $180 million, approximately $45 to $50 million of which are expected to be incurred by LMI and approximately $120 to $130 million of which are expected to be incurred by Citrix and GetGo on a pre-tax basis. LMI, Citrix and GetGo anticipate that a significant portion of these total transaction expenses will be attributable to advisory fees to be paid to legal, financial and tax advisors, accountants and auditors.

 

[TraDaToR]

Have you ever read "Barbarians at the gate"? As an advisor for KKR( which finally submitted the winning bid for RJR Nabisco ), Bruce Wasserstein asked for something like 100M$ in fees. He wasn't part of any deal.It was 1987. You can only imagine the amount of bullshit going on today...LOL

 

[Xela]

It was 1987. You can only imagine the amount of bullshit going on today...LOL

A lot less than in the heyday of the 1980's, I'd think, even allowing for inflation and fee-escalation.

No product is sold

Other than businesses? They're a "product", arguably? Or do you mean that "only services" are sold, rather than products?

 

[Sig]

Read this, it's from a filing on the upcoming MERGER between CTRX division and LOGM.

No product is sold, nothing created other than a tax dodge.

Behold the fees earned for shuffling paper.

Q: What are the anticipated transaction expenses of the Transactions?


A: As of the date of this proxy statement/prospectus-information statement, LMI, Citrix and GetGo expect their combined transaction expenses to be approximately $165 to $180 million, approximately $45 to $50 million of which are expected to be incurred by LMI and approximately $120 to $130 million of which are expected to be incurred by Citrix and GetGo on a pre-tax basis. LMI, Citrix and GetGo anticipate that a significant portion of these total transaction expenses will be attributable to advisory fees to be paid to legal, financial and tax advisors, accountants and auditors.

Can't beat em, join em.

 

[newwurldmn]

Have you ever read "Barbarians at the gate"? As an advisor for KKR( which finally submitted the winning bid for RJR Nabisco ), Bruce Wasserstein asked for something like 100M$ in fees. He wasn't part of any deal.It was 1987. You can only imagine the amount of bullshit going on today...LOL

They paid him specifically to stay out of the process

 

[palm44]

They're making money so who cares if it's a tax dodge, good for them

 

[palm44]

think i found the liberals