while brainstroming ways to determine the value of the contigent payment in early december, we realized that different people have different thoughts with regards to what is considered "early". Therefore, in order to master accuracy and to accommodate people with different viewpoints, we have formulated six different 20-day stock price scenarios to determine what the contigent payment is worth in early December 2000(depending on what the individual as "early").
As of early December 2000, Diageo will retain between $232.16 abd $248.02 million.By taking th average. Diageo would retain about $240.17 million. This figure is most closely represented by the 20-day average as of December 1, 2000. Diageo would still need to pay GM somewhere $393.53 and $409.39 million.By taking the average, GM would receive approximately $401.38 million as of early December.