In the courtroom.
12-16-2023, 06:46 AM
#511
Line Holder
Joined APC: Jan 2022
Posts: 57
haven't looked at the volume of purchases but likely people wanting to hold through the weekend in case of an announcement pre market Monday would be my guess.
12-16-2023, 08:17 AM
#512
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
Seems to be the overwhelming belief, it gets approved with additional requirements/divestments
I think that’s the apprehension from some, not if the judge will “approve” the merger but will the merger close.
Still some road blocks that can pop up after Judge Young approves it. I would not put it past this DOJ to appeal, which would toss it to the appellate court in Massachusetts, and who knows how that turns out. Mayor Pete and Pocahontas, repricing (doubt that) or any other possible issues.
I think that’s the apprehension from some, not if the judge will “approve” the merger but will the merger close.
Still some road blocks that can pop up after Judge Young approves it. I would not put it past this DOJ to appeal, which would toss it to the appellate court in Massachusetts, and who knows how that turns out. Mayor Pete and Pocahontas, repricing (doubt that) or any other possible issues.
12-16-2023, 08:41 AM
#513
Gets Weekends Off
Thread Starter
Joined APC: Oct 2017
Posts: 3,233
then it’s on the appeals court to tell us otherwise.
12-16-2023, 08:49 AM
#514
Gets Weekends Off
Joined APC: Aug 2008
Posts: 770
Technically that's ANY appeal, there has to be a law based reason for the case to go to an appellate court. In criminal cases there are such a wide variety of boilerplate appeals to choose from it is essentially as if you can appeal simply because you don't like the ruling, but I would expect in a civil matter the government would need to meet a higher standard than just throwing appeals at the wall to see if one sticks... but with this administration who knows.
12-16-2023, 09:27 AM
#515
Gets Weekends Off
Joined APC: Jun 2006
Posts: 1,471
Technically that's ANY appeal, there has to be a law based reason for the case to go to an appellate court. In criminal cases there are such a wide variety of boilerplate appeals to choose from it is essentially as if you can appeal simply because you don't like the ruling, but I would expect in a civil matter the government would need to meet a higher standard than just throwing appeals at the wall to see if one sticks... but with this administration who knows.
12-16-2023, 09:52 AM
#516
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
12-16-2023, 09:54 AM
#517
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
First useful Halon post. I believe you are correct. Can move forward with closing unless DOJ gets an injunction from an appellate court.
12-16-2023, 10:38 AM
#519
Gets Weekends Off
Thread Starter
Joined APC: Oct 2017
Posts: 3,233
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