Question: 4. Based on Icalm's valuation (i.e., the valuation implied by his purchase price), which you calculated above, how many shares of MEG should Perelman receive

 4. Based on Icalm's valuation (i.e., the valuation implied by his

purchase price), which you calculated above, how many shares of MEG should

4. Based on Icalm's valuation (i.e., the valuation implied by his purchase price), which you calculated above, how many shares of MEG should Perelman receive for a $365M investment of new capital? Assuming the valuation implied by Icahn's purchases equals the true value of Ix/ILEG, what is the difference in the value of Icahn's position if Perelman is allowed to purchase 427W shares for his $365M versus the number of shares you just calculated

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