A few days in the past I’ve learn a information article about Trimble being bought by the First Hawaiian Financial institution and for a second I started to fret about the way forward for the SketchUp.
I solely know how you can use SketchUp so far as laptop drawing software program goes and I really love utilizing it. It’s straightforward to grasp and it isn’t as costly as different related software program. With that stated, I’m anxious about the way forward for SketchUp as its present possession is within the arms of a financial institution…
I got here right here simply to precise my dilemma and hopefully get some assurance that issues will go on (with updates and so forth.)
Effectively I’m not an economist, however it doesn’t seem like FHB purchased Trimble. in any respect.
FHB bolstered their already present funding. apparently, they aren’t the one ones
I imply, in response to CNN, FHB just isn’t even high 10 buyers
https://cash.cnn.com/quote/shareholders/shareholders.html?symb=TRMB&subView=institutional
If FHB’s stake within the firm is now roughly price 1,4 million $, it makes them a small fish.
They’re price about 12B$. so FHB owns… 1/10000th of it ? roughly ?
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Trimble is the third proprietor of SketchUp in the course of the time I’ve been utilizing it. The financial institution talked about greater than doubled its stake in Trimble however I might guess that the corporate is price greater than the about 1.35 million {dollars} of its inventory owned by them. I wouldn’t be apprehensive.
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That is what I learn Trimble Inc. is bought by First Hawaiian Financial institution for 10,300 shares (NASDAQ:TRMB)
Trimble Inventory Worth Right now (NASDAQ: TRMB) Quote, Market Cap, Chart | WallStreetZen.
10,300 shares can be one thing like 0.00042% of these 246,951,697 shares. Certainly not sufficient to be thought of as shopping for the corporate.
I suppose the title of the information headline was deceptive. That is good then!
it’s a bizarre phrasing.
Trimble inc. (the inventory) is (beign) bought by FHB with a amount of 10300 shares
→ FHB simply purchased 10300 shares of Trimble inc.
a fast look tells me the creator is italian and residing in Brazil.
Perhaps the bizarre phrasing is only a bizarre translation in his head 
(or worse, merely automated content material created by scrapping different websites)
Sure. It’s like saying I personal Apple as a result of I personal a number of shares.
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Completely! 
misplaced in translation
My first response was, “Wait, Positive Residence Constructing journal has purchased Trimble!?” (@DaveR is kind of accustomed to their sister publication, Positive Woodworking, however I’m positive their father or mother writer isn’t able to purchase Trimble. Context it every thing to abbreviations.)
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