Are you sure the selling price was only for the controlling interest(s)? I always thought the selling price reported was the franchise valuation, with the cash changing hands being rated according to the percent of shares transferring.
In other words, instead of "Joe Blow bought Franchise X for $500MM" meaning that he paid $500MM for half of it, "Joe Blow bought Franchise X for $500MM" meaning that he bought 50% of something valued at $500MM for a price of $250MM.
|