Monday, July 24, 2023 11:33:23 AM
This case will either be terminated by Callesse or allowed to continue indefinitely until one or both parties decide it's just not worth the legal fees. It reminds me of a bitter divorce, where the lawyers keep issuing restraining orders to the other party for big and bigger fees.
In my opinion, the loser in all this will be Callesse, since GS has 3 other tickers to merge. If Cal's team was smart, they would be buying up as many shares as possible at these prices prior to allowing the legal response deadline to expire. If they continue, they will have more legal fees to contend with along with a HUGE opportunity cost to digest.
Unless they are in the business of wasting each other's time and money... because if it has to do with harming GS, that ship is about to sail with 3 other mergers pending.
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