If Bloomberg Wins, Here’s Who Might Pay The Estimated $60 Billion For His Company

Another potential buyer could be an even richer billionaire, CCN

, like Warren Buffet and his team at Berkshire Hathaway: The Oracle of Omaha loves monopolies and has long been searching for “elephant sized acquisition” to spend his $128 billion cash pile on.“It’s going to have to be a big player with a lot of money,” says Peck. “Private equity would be my guess,” most likely a consortium leveraged buyout, she adds.

I wouldn’t sell. That precedent has been broken. With his media empire it’s payback time

Fun fact. If he sells so he can be POTUS, he isn’t required to pay capital gains taxes. It worked for Hank Paulson. That alone will pay for the cost of his campaign ten times over.

Probably blind trust.

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Bloomberg would sell company if elected, campaign saysMike Bloomberg says he would put his namesake financial information company into a blind trust and then sell it if elected president, a campaign official tells NBCNews Didn't Trump say the same about his business? What about now? Could you put this in a format that a third grader or a current president could understand?
Source: NBCNews - 🏆 10. / 86 Read more »