I don't think Levy (or most chairmen) expected the market to sky rocket like it has. I think they all expected prices to go up, but not at this rateOne question I have, why would Levy have even bothered with a buy back clause if they never intended to use it or believed they could afford to?
May be just dick swinging, I think Levy feels he needs to get something out of every deal for his ego.
But maybe, just maybe....