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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (16404)	7/27/2023 2:05:08 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26784

Keep me posted if you find this legal expert. I know that it is hard for a minnow to swallow a salmon, especially if it requires raising debt that probably has a punishing rate compared to US Treasuries. My guess is you have to prove fraud to get damages about the breakup fee. Interest rates were a TON cheaper a year ago. Legally, if MXL knew they couldn't afford to raise the cash to buy SIMO, then were they obligated to say so? Or did they roll the dice hoping China would barf and give them an exit without a breakup fee?