RE:Feels like PLI was an intentional choice...at a firesale price less than 50 cents on the dollar, they did not have to look very hard. the hard part was keeping their golden parachutes, and maybe a sweetener from PLI for themselves.
the next hurdle will be getting this past shareholders, hopefully there are enough who will vote it down, but that is a coin toss.
this whole episode goes well beyond bad.