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Cordillera sale finalized

Discussion in 'Colorado Football Message Board' started by Jens1893, May 1, 2012.

  1. Jens1893

    Jens1893 Moderator Club Member Junta Member

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  2. sliderNcider

    sliderNcider MacLovin Club Member

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    $3.1 billion total with $2.5 billion in cash. That's $300 million more than originally estimated. Good news
     
  3. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    Not sure on how much solich is personally taking from that, but:

    50,000,000 = 2% of 2.5 billion.
    250,000,000 = 10% of 2.5 billion.

    GIMME.
     
    absinthe likes this.
  4. sliderNcider

    sliderNcider MacLovin Club Member

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    Yep. Once you get past having $50+ mil, does the rest even matter? And generocity is the world's most respected trait:smile2: But, from Bohn's press release it sounds like Solich isn't paying for all/most of it
     
  5. buff4bcs1985

    buff4bcs1985 Hail to the King

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  6. Jens1893

    Jens1893 Moderator Club Member Junta Member

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    I´d be somewhat surprised if he didn´t have 50m in the bank from his previous ventures.
     
  7. Highlander

    Highlander Club Member Club Member

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    Supposedly, freeing up the cash from this sale was key to any donation he makes. What we don't know is did he have shares representing 10% or 80% of Cordillera or something else entirely.

    As a side note, my first pass at this was a thought of "Why do I care if Cordillera Lodge & Spa is being sold, and I wonder if they are going to mention Kobe Bryant in a footnote somewhere..."
     
  8. buff4bcs1985

    buff4bcs1985 Hail to the King

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  9. Jens1893

    Jens1893 Moderator Club Member Junta Member

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    I didn´t mean it in regards to a possible donation, more of a general thought.
     
  10. buffedup

    buffedup Cooler than a Popsicle Stand. Club Member

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    So, I've heard that Solich is hardcore CU, but don't really know about him. What's his story?
     
  11. Quattro

    Quattro Banned BANNED Club Member

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  12. DBT

    DBT Club Member Club Member

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    Now I'm disappointed. I thought this was going to be a T. Boone level thing.
     
  13. dio

    dio Admin Club Member Junta Member

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    I look forward to spending this guys money
     
  14. buff4bcs1985

    buff4bcs1985 Hail to the King

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    wtf... is a giant practice facility plus a stadium upgrade isnt enough?
     
  15. Tractor

    Tractor Club Member Club Member

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  16. Tatonka

    Tatonka Club Member Club Member

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    The reason the company is called Cordillera III is because he's already done this twice before with Cordillera and Cordillera II. And as soon as the no compete clause expires he'll probably do it again with Cordillera IV.
     
  17. Ruckus

    Ruckus Peep my words. Club Member

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    Cordillera is done. Next venture is Energy IV. They have 6 months of work in integrating CIII into Apache before they will start really working on Energy.
     

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