In cases like this, a large portion of the “money” paid is actually in the form of shares, which can vary wildly on a day-to-day basis (especially during a takeover!). It doesn’t make sense to specify the value of it too precisely because nobody knows what the shares are going to be worth tomorrow.
In cases like this, a large portion of the “money” paid is actually in the form of shares, which can vary wildly on a day-to-day basis (especially during a takeover!). It doesn’t make sense to specify the value of it too precisely because nobody knows what the shares are going to be worth tomorrow.
That’s a good reason for the press to round such figures, but the actual figure is round, on the day it was decided, and that itself is mysterious.