Whoa lets not go too far - LD's adult content division isn't his main business...or even one of his best businesses. Just one of many that he does.
Stories broke today describing what they are being looked at for. One column referred to FH's 'bikini-model girl friend' but did not name her.
But here's what was described in various Japan English language newspapers.
Lets call the Main Company the Main Company. Let's say they have a wholey owned subsidiary called The Subsidiary. And lets says there's another outside company called BABE.
A few years ago The Subsidiary acquires The BABE. Time passes and then the Main Company announces that it is going to acquire THE BABE for X amount of dollars and X amount of shares in The Main Company.
What they don't say is that they effectively already own The BABE. So It hits the news as a new big acquisiton, when actually all that happened is the property already owned on one set of books - THE SUBSIDIARY, is now listed on the books as being owned now by the MAIN Company.
Like taking money out of your right hand pocket and moving to your left hand pocket. Uh-oh.
From New York, this is ...
JustMeMike
