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No, what I said was correct. He purchased $50M of warrants to allow him to buy the stock in the future at a price of $29.92. That is consistent of what is posted in the original article.
http://online.wsj.com/article/SB10001424052702303848104576385510781132614.html

Conceded -- miscommunication.

For some reason I thought you were saying he was *granted* the warrants, and thus did not have any cash outlay.

But you are right, he did buy the warrants, and that is what you said.
 
Well, he hit a home run with Apple Retail so it doesn't surprise me a retail company is ready to make him CEO.

I can't believe he's investing $50 million. Did he make that dough at Apple?!?

I wonder if the $50 million is actually just some form of stock options? I.e., suppose RJ agrees to take a portion of his compensation in the form of stock options as opposed to cash. That's sort-of like he invested the cash in the company.


He has already made more than $400 millions from Apple stock.
 
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