I’m not going to go into too many details around this merger and its impending split. Two huge American companies that print billions each year will be born and currently the shares are at a level reminding me of GE during 2008 or cheaper.
I’m temped to jump really deep into this stock,… even if Buffets replacement is going to sell it.
I personally see it as a way to split himself from Buffet himself and less about true economics. Could do a whole DD on Kraft and Heinz … but … it feels like something else is going on here.
I guess I’m asking does anyone else think this stock is literally just toxic based on emotions? The underlying facts say this is gonna print money post split. What am I missing?
Roast away if I’m missing something obvious.