Columbus really isn't in a position to have dead cap space to the tune of 5+M dollars
.
To which they could have used their compliance b/o instead of us. (At the time I THINK it was more like 4, but I admit that is from memory.)
We could have sweetened the deal in a minor way to help them pay for that.
But a main point remains.
We're eating 80mil of actual responsibility off your hands.
You're lucky we don't insist you give him up for free.
Also, I think you're mistaken about Stepan being the center piece to the deal. I think that Howson wanted:
Stepan, Kreider, Dubinsky and a 1st and settled for
Anisimov, Erixon, Dubinsky and a 1st.
This is a fair point. Let's discuss briefly.
I believe that Howson originally wanted Stepan, Kreider, Dubinsky and a 1st is/is approx, correct.
We understand there was no way he was going to get Kreider and all his potential. That's an irrational demand, an aberration not gonna happen on any actual deal.
So if we acknowledge that, then the totally unrealistic
Stepan, Kreider, Dubinsky and a 1st
becomes
Stepan, Dubinsky and a 1st and maybe something to replace Kreider
For better or worse that morphed into
Anisimov, Erixon, Dubinsky and a 1st.
He never would've made the trade you're suggesting.
If he considered Stepan the core he wanted, and given no Kreider, would have felt that a bigger feather on which to hang his cap, then could see him wanting to swap Stepan for AA. We agree to that, but not straight up.
Maybe a little more IS added.
Maybe we take the 1st off, allow Erixon and offer a third.
Maybe we take the 1st off, keep Erixon, and offer another prospect.
But we could have gotten the lion's share of that back.