Skip to main content Collections Menu Image Not Available for Our Back DoorExpandMy CollectionView PDFOur Back DoorPreviousNext Image Not Available for Our Back DoorOur Back DoorArtist Dudley Crafts Watson Date1942ClassificationsPaintingMediumWatercolorDimensions17 1/2 x 23 1/2 inCredit LineGift of Dudley Crafts WatsonObject number1965.0690 Discover More Image Not Available for Lawn MechanicLawn MechanicDudley Crafts Watson1942 Image Not Available for NostalgiaNostalgiaDudley Crafts Watson1934Poster for Abbotts Phit-Eesi--boots & shoesDudley Hardy1896Poster for a Gaiety GirlDudley Hardy1896Cathedral BelgiumCharles J. Watson1904Poster for Savoy Theatre The ChieftainDudley Hardy1896Once Upon a Midnight DrearyErnest W. Watson1936The Foaming LaneErnest W. Watsonnov. 1926"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"Alan Dunn1954Coffee Colored House with Blue DoorFrederic Whitaker1946Untitled, DoorsEmilio Sanchezearly-mid 1970sUntitled, Mediterranean Building w/ Two Blue DoorsEmilio Sanchezearly-mid 1970s Powered by eMuseum
