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  • Coach McGuirk
    1
    • Nov 2008
    • 12109
    #31
    Originally posted by cougjunkie View Post
    Todd Pederson just sold 51% of Vivint for 2.1 billion dollars. I am guessing he is the richest man in Utah now.
    he should have sold 49% for less or all of it for substantially more.

      Comment

      • cougjunkie
        *Banned*
        • Nov 2008
        • 23223
        #32
        Originally posted by Coach McGuirk View Post
        he should have sold 49% for less or all of it for substantially more.
        Ha maybe thats what it was. I don't know. Here is the article:

        http://www.securitysystemsnews.com/a...2-billion-deal
        *Banned*

          Comment

          • Sizzle
            #ThisIsY
            • Nov 2008
            • 9004
            #33
            Originally posted by cougjunkie View Post
            Todd Pederson just sold 51% of Vivint for 2.1 billion dollars. I am guessing he is the richest man in Utah now.
            It reads like Vivint Management (which probably includes Todd Pederson and others) only held 50%, with investment firms holding the other 50%. It sounded like Blackstone bought out the other firms, and then some from the Vivint management to get to their controlling share.

              Comment

              • Uncle Ted
                The Big 12 money shot.
                • Apr 2010
                • 28853
                #34
                Originally posted by cougjunkie View Post
                Todd Pederson just sold 51% of Vivint for 2.1 billion dollars. I am guessing he is the richest man in Utah now.
                I wonder if he still cuts his own hair...
                "If there is one thing I am, it's always right." -Ted Nugent.
                "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
                "Yet I still see wisdom in that which Uncle Ted posts." -creek.
                GIVE 'EM HELL, BRIGHAM!

                  Comment

                  • Lost Student
                    BAND!
                    • Nov 2008
                    • 4324
                    #35
                    Originally posted by Uncle Ted View Post
                    I wonder if he still cuts his own hair...
                    Who cares, he's a NSOt208.
                    "Seriously, is there a bigger high on the whole face of the earth than eating a salad?"--SeattleUte
                    "The only Ute to cause even half the nationwide hysteria of Jimmermania was Ted Bundy."--TripletDaddy
                    This is a tough, NYC broad, a doctor who deals with bleeding organs, dying people and testicles on a regular basis without crying."--oxcoug
                    "I'm not impressed (and I'm even into choreography . . .)"--Donuthole
                    "I too was fortunate to leave with my same balls."--byu71

                      Comment

                      • BigPiney
                        Huge Member
                        • Nov 2008
                        • 12356
                        #36
                        John Oliver's show about MLMs was pretty good last night.

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