SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Avant (AVNT)
AVNT 29.31-2.8%Nov 14 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul M. who wrote (401)9/8/1997 9:31:00 PM
From: Gary Korn   of 3441
 
<the deal may not go through do to antitrust and host of other reasons.>

Paul,

Thanks for your post. I suppose another "discounting" factor is the uncertainty in value of AVNT itself. If AVNT tumbles due to criminal activity, it would be more difficult to come up with $150M in discounted stock (i.e., it would take more shares, increasing the dilutive effect on the total shares outstanding).

I have to say that I'm troubled that TMI (or whatever it is called) has so discounted the AVNT criminal proceedings that it entered into this transaction. Either the AVNT morass is entirely overblown or the TMI (whatever it is called) shareholders have just acquired a derivative suit in their own right. I mean, doesnt TMI (whatever) have a due diligence obligation? What due diligence could justify a buy-out in AVNT stock??? Some lawyers (I'm one) must have concluded that this is not a real risk.

Gary Korn
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News