Fw: negotiation
JE suggests Lazard sd buy less than 50% now with the obligation to buy the rest over some period less than 5 years using a formula to be determined today.
that is basically the plan. We have a draft Term Sheet.
What's his view on price: 2011: ??1m rev, ??150k profit, 15% margin - actuals 2012: ??2m rev, ??600k profit, 30% margin - budget hit Q1targets already 2013: ??3m rev, ??900k profit, 30% margin - budget.
What do you think ?
From: Benjamin Wegg-Prosser
Sent: Wednesday, January 11, 2012 08:05 PM
To: Peter Mandelson
Subject: Re: negotiation
What's his view on price: 2011: ??1m rev, ??150k profit, 15% margin - actuals 2012: ??2m rev, ??600k profit, 30% margin - budget hit Q1targets already 2013: ??3m rev, ??900k profit, 30% margin - budget.
From: Benjamin Wegg-Prosser
Sent: Wednesday, January 11, 2012 07:28 PM
To: Peter Mandelson
Subject: RE: negotiation
that is basically the plan. We have a draft Term Sheet.
From: Peter Mendelson
Sent: 11 January 2012 19:27
To: Benjamin Wegg-Prosser
Subject: negotiation
JE suggests Lazard sd buy less than 50% now with the obligation to buy the rest over some period less than 5 years using a formula to be determined today.