You & Pug are right! SA should see the handwriting
Post# of 82672
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Posted On: 01/04/2019 9:00:39 PM
Re: Splithappens #46071
You & Pug are right! SA should see the handwriting on the wall by now. Pug has a very valid point, the legal stall & delay was to buy time for the merger to be completed. So it's mission accomplished for their lawyers. Now, new management fully realizes (with the great DD shared today) R&G will confidently enter the courtroom 2/4 in a reinforced position of strength. The new management, knowing the odds of legal victory are no longer in their favor, see the danger of a oral arguement loss and probable treble damages being awarded SFOR as an immient threat on 2/4.
That would an unacceptable financial event on their Q-1 bottom line IMHO. Their CFO would have briefed management on the possible impact. Consequently, I think they will raise the white flag shortly before the court date and enter into settlement negotiations in earnest. I expect a Pacer entry to that effect sometime this month.
That would an unacceptable financial event on their Q-1 bottom line IMHO. Their CFO would have briefed management on the possible impact. Consequently, I think they will raise the white flag shortly before the court date and enter into settlement negotiations in earnest. I expect a Pacer entry to that effect sometime this month.
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