A federal judge approves an extension to the trial of the Department of Justice against...

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Chris DeMuth Jr. Comments (1737)
 
STZ is a large position of ours, so this could work out well. One strategy that may be worth considering: as the delay pushes any trial beyond March expiration, STZ puts may be expensive and worth writing.
25 Feb, 12:17 PM Reply Like

TheCompleatAngler Comments (58)
 
I agree and have already done so. I've been anticipating that the revised deal terms will be enough to mollify antitrust concerns. Do you have any opinion about the odds that the DOJ still decides to attempt to block the deal and go to trial? That DOJ is willing to use its powers to prevent the deal as originally proposed seems ridiculous to me. The combined company's market share would still be less than 50% in the U.S. The Sherman Antitrust Act was passed with Rockefeller type market control in mind.
25 Feb, 02:25 PM Reply Like

Chris DeMuth Jr. Comments (1737)
 
25% or so.
25 Feb, 03:36 PM Reply Like