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EpicRandy on 14 July 2023
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Ryuu96 said:

Idas Said:

I think that this covers all the scenarios for the next 24 hours.

Time that the Court of Appeals for the 9th Circuit has to respond to the FTC's Emergency Motion:

1) Granting an injunction pending appeal (MS/ABK would have to extend a few months the outside date);

2) Extending the district court's TRO by issuing an administrative stay, to allow it more time to consider the motion
(MS/ABK couldn't close during the weekend but maybe next week, if the FTC's emergency motion is finally denied);

3) Denying the FTC's Emergency Motion (MS/ABK could close as soon as this weekend);

4) Not saying anything during this time (MS/ABK could close as soon as this weekend).

I thought a transaction like this could not be closed on the weekend because the stock market is closed, look like this have no effect. 🤔learning truly is an everyday experience.