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Message
re: Popeyes' Cajun rice
Posted on 7/30/16 at 6:23 pm to GynoSandberg
Posted on 7/30/16 at 6:23 pm to GynoSandberg
quote:No way it's a discount. They overpaid at least $10 mill. I have a finance degree and I'd take over $40+ million today in a heartbeat over $3.1 mill a year for 13 years. Have you ever looked at lottery payouts? If you take the cash option, you get about half what you would get over 30 years. And that's only at about 3% interest rate.
My numbers arent exact, just know it represents a discount compared to the annual royalites under the old deal
They paid extra so they could change the spices now and save money, or at least they wouldn't have to renegotiate with Diversified 13 years from now. They need to cut costs ASAP!
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