Machiavellian said:
Actually from the research I did, its not that ABK could be sued that is the problem, its more along what Randy stated in that ABK would need to have a vote on staying or leaving the merger. Since all of ABK stock has voting rights, its not like the company can quit the deal without going though that whole process. |
True, they would need a vote :) I was telling you what would happen if they don't and simply walk away :D
And if they go for a vote, 98% will vote to extend it.