Talk:Point Given
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What does syndicated mean?
[edit]"He was subsequently syndicated for $50 million," ???? --AW (talk) 19:41, 22 December 2010 (UTC)
- Anyone? --AW (talk) 22:48, 25 June 2011 (UTC)
- It means that the horse was sold in shares. Usually there are about 40 shares. The owners sell the shares at, in this case $1.25m each. They would probably keep some shares back for themselves. It's a way spreading the risk. Tigerboy1966 (talk) 19:34, 9 December 2011 (UTC)