Key word here: Patience! If lawyers are involved,
Post# of 22940
Posted On: 05/02/2016 9:51:39 AM
Key word here: Patience! If lawyers are involved, we may not hear anything for a few days. It depends on how long they have been working on it which I suspect was about the time came back to the U.S. The bigger the deal, the longer it will take to hash everything out. Plus, with this being an international deal ("both sides of the water" tweet), it will take more time to cross every "t" and dot every "i". 
I'm just throwing that out there in that we may not hear anything until later this week....or even next week.....or beyond. When a deal reaches this stage, there is no way to reasonably forecast a specific day, let alone a week, that it will done and ready for prime time. Like I said, the bigger the deal, the more time it will take.
With that extra cautionary statement however, IR did say that the PR news was under legal review, so my thinking is that the good news could be released much sooner with the caveat of it being in the final stage of legal formalities.
I'm just throwing that out there in that we may not hear anything until later this week....or even next week.....or beyond. When a deal reaches this stage, there is no way to reasonably forecast a specific day, let alone a week, that it will done and ready for prime time. Like I said, the bigger the deal, the more time it will take.
With that extra cautionary statement however, IR did say that the PR news was under legal review, so my thinking is that the good news could be released much sooner with the caveat of it being in the final stage of legal formalities.
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Risk comes from not knowing what you're doing.
The investor of today does not profit from yesterday's growth.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
If a business does well, the stock eventually follows.
- Warren Buffett
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