I have been asked in numerous PMs to explain what
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Posted On: 02/04/2018 11:41:44 AM
Re: thevibeguy #4004
I have been asked in numerous PMs to explain what I mean when I say that J&J will shortly be in a "stand still." I hope you don't mind vibe that I am using a response to your post to explain.
A "stand still" is part of almost every M&A agreement, where both sides agree to stand still after the broad terms of the agreement are agreed to by both sides.
A stand still agreement in J&J's case would be something to effect that there are no new products or allocations of resources for these new products, no new major investments approved by either BOD. No new officers or directors elected or appointed, no changes to officer and directors compensation, an agreement that existing officers and directors agree to stay on until the M&A is complete (even though this is unenforceable). No new lawsuits, and settlement of existing lawsuits whether a Plaintiff or Defendant.
The sale of several multi-billion $$ divisions is an expensive, complicated and time consuming process. J&J's sale, if announced tomorrow, would take the better part of the rest of the year to complete. During that period of time, the buyer and the seller would be in "stand still" and subject to marketplace attacks by opportunistic companies. Small companies like DECN are nimble and can do this. In my humble opinion they should, no matter what all the nasty experts on the iHub message board would have you believe, take advantage of the "stand still" period of time that is coming.
A "stand still" is part of almost every M&A agreement, where both sides agree to stand still after the broad terms of the agreement are agreed to by both sides.
A stand still agreement in J&J's case would be something to effect that there are no new products or allocations of resources for these new products, no new major investments approved by either BOD. No new officers or directors elected or appointed, no changes to officer and directors compensation, an agreement that existing officers and directors agree to stay on until the M&A is complete (even though this is unenforceable). No new lawsuits, and settlement of existing lawsuits whether a Plaintiff or Defendant.
The sale of several multi-billion $$ divisions is an expensive, complicated and time consuming process. J&J's sale, if announced tomorrow, would take the better part of the rest of the year to complete. During that period of time, the buyer and the seller would be in "stand still" and subject to marketplace attacks by opportunistic companies. Small companies like DECN are nimble and can do this. In my humble opinion they should, no matter what all the nasty experts on the iHub message board would have you believe, take advantage of the "stand still" period of time that is coming.
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