The request for documents by WMI Lawyers were not complicated. One of the documents requested was JPM's analysis of WAMU when they came up with the $8 offer.
If they present that analysis that would be the nail in their coffin.
Very Well written Ram I believe that you are correct. I was told companies like to do mergers or buyouts on 3-day weekends, because of the amount of time they will have to complete deal and press coverage is light. Is labor day weekend too soon?