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jour_trader

04/17/24 8:03 PM

#399282 RE: IB_ #399280

Because he’s a lawyer and the optics of that are beyond reasonable. One can talk their way out of Mikah winding down as things can change, but not a buyout like this. Not even 1% chance of this happening. If Nasrat went this route it would be an onslaught of legal pursuits against his decision making. Plus, all shareholders would have to approve. He has a real nice share, but not the majority to sway such a crappy decision.