ADC91,
With respect it is you who are 'wrong' to make such an unequivocal assumption that BOQ will wear the can for ME's indiscretions.
Historically it is not at all unusual for the transaction to be made conditional upon the transgressor managing that risk themselves, outside of the eventual merged entity, under cover of their Directors' Insurance (the existance of same being assertained as part of BOQ's due diligence).
It remains to be seen which scenario plays out if the matter even proceeds to court, however it is not likely to be as cut and dried in the manner you assert thankfully, as I along with others here expect our BOQ management to be more careful and accountable to existing shareholders than that.
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