I got my first bid from Walmart.

I got my first bid from Walmart. They would take 80 stores or 90 stores for 800 million and I said that doesn't work. Then Target came up to a billion dollars and then Walmart came up to a billion too and then I went back and forth back and forth back and forth. Finally I get a call from Target saying we'll take all of it for 1.85 billion dollars. We'll give you 900 million at closing and the balance 90 days later. So I said okay so I flew up to Minnesota. By the way Walmart at this point had kind of like just stopped and I you know I don't think they believed me that I had really gotten that much money from Target. By Friday morning we had a completed purchase agreement. The Target board meeting was on Monday. I'm sitting in my office Friday at 5:00. My assistant comes in and she says the CEO of Walmart and the CEO of Walmart International Doug McMillian is on the phone they want to talk to you. They all knew what each other were doing by the way they all have spies in each other's offices and whatever. So uh they said Richard we are so sorry we screwed up. Uh we have to own that company. You cannot sell that business to Target. We are prepared to pay you another hundred million dollars. I said I'm gonna finish with Target if for some reason the board of directors of Target Corporation turns me down I'll be back to you hat in hand but I can't uh back out of the deal.