Posted November 20, 2018 08:18:08If you’ve ever tried to buy or sell stocks in a stock exchange, you know what happens next.
When a buyer and seller are on the same page, there’s a chance for a quick transaction to go south.
That’s exactly what happened to one of the largest technology companies in the world when the seller, a hedge fund, bought the company and the buyer, a private equity firm, bought it back.
The price of the company is $4,800,000, according to data from Bloomberg.
The hedge fund bought it for $3,000.
The private equity company bought it at $5,000 a share.
Both buyers have since sold the company for $1,250 a share or more.
But what happened next isn’t so clear.
Bloomberg’s Andrew Zimbalist wrote about the deal on his blog.
The seller of the $4 million-a-day technology company, which had an annual revenue of $1 billion, sold it for just $8 million, Zimbel wrote.
So the deal is now worth $4 trillion.
The hedge fund was a huge winner.
It sold for $2.6 billion.
The buyer of the firm, a privately held hedge fund called Blackstone Group LP, sold for just under $4-billion.
The $4 for the sale was the highest price ever for a technology company.
The company is a cloud computing platform that lets companies analyze information from a variety of sources, including financial data.
It was created in 2015 by the billionaire Jeff Bezos and Amazon.com Inc., according to Zimbas.
He wrote that the company’s revenue in the first quarter of 2019 was $4billion, which is a staggering sum in a company that was in the red by the end of 2019.
The company is now valued at $8.5bn.