I’m pretty confident the merger is NOT getting up at 12-1.
someone previously made a great point that the fact almost all AVL holders are supportive and almost no TMT shareholders (excluding AVL holders who’ve bought $500 of shares on this side of the fence) indicates that 12-1 probably isn’t fair, and the probability of all AVL holders being rational and no TMT holders being rational is so low it’s basically impossible.
Clearly the boards should go back and come up with a revised offer to stop wasting everyone’s times. Surely we don’t have to vote it down for AVL shareholders to see it probably isn’t getting up at the moment.
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