dlbastion
$IMXI Let's connect the dots here on possible outcomes on this now MASSIVE 55% arbitrage deal: (1) Nov 10th walk deadline comes without re-approvals/any done deal & deal falls apart, (2) California DFPI re-approves deal & SEC re-approves anti-trust review & deal goes through by Nov 10th, (3) Both WU & IMXI approve new possible extension of Nov 10th walk deadline & deal re-approval efforts continue, (4) WU and IMXI decide to abandon deal/pay penalties & seek other path, or (5) Hidden motives are at play here by bad players trying to delay/kill this deal (as possibly evidenced by the "sudden" August 13th California DFPI approval reversal within hours of New York's approval). My opinion is that all involved lose, to include California, if this deal falls apart after 14+ months of work. Option #5 could sadly be the case, though. I am still optimistic for option #2 or #3 being in play, but #4 is possible now. The 175 year old WU know this environment well, that is for sure.
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