The two companies are merging in a $7.4 billion stock deal.
"These brokers took some friends of my parents in a stock deal."
The stock deal is valued at about $750 million, according to industry sources.
"It was the most friction I've ever had in a stock deal," he said.
In fact, it is hard to imagine any investor who would be better off to take the stock deal.
Many attitudes at the firm changed with the May disclosure of the stock deal.
The value of the acquisition, which is a stock deal, was not released.
He was simply the accidental fall guy in a stock deal.
But that is always the risk in a stock deal.
The stock deal, subject to the usual conditions, is valued at almost $2.1 billion.