Originally Posted by
Tim34
That is a good point. Although I will need to hear something more concrete that investor fears before I write this deal off. Is their any sign that either the DOT or NWA is having any serious either problems or second thoughts about this deal?
There's no reason at all to write this deal off. Indeed, I think the odds are slightly in favor that it will close. It's just a question of how much risk of failure there is. Investors have different ideas about that, but their collective wisdom right now is that there is a big risk of failure ($14.22 share price vs. $17.00 tender offer).
By the way, the critical agency here is the DOJ (Justice), not DOT (Transportation).