$FIT / $GOOG

Value: $2B
Break Fee: $250mm
Exp. Close:12/31/20

$GOOG 
Cash on hand: $19.6B
ST Inv: $97.6B
Cash and STI: $117B

Pay 12.5% ($250mm vs $2B) for nothing or $2B (~2% of cash equivalents) to get you in the watch market...

Arb is 25% annualized...maybe good for a trade