If JPM play hard ball then the outcome may become unpredictable. JPM can effectively block the takeover if they really want to. No idea if they will play hardball or not and if they do not block the TO they will earn a nice profit which maybe all they are really after.
I must admit it is an unusual move by JPM to take such a big and strategic stake.
AZS Price at posting:
$3.53 Sentiment: Hold Disclosure: Held