What is the break up fee?
In the CMED/HIP deal, HIP was driven from 50 cents to over $3 on the take over. After CMED cancelled the deal, HIP dropped back down to below $1.
In looking at NUU, wasn't the pre-deal trading price the 80 cents? At what price would NUU fall to if APH walked away and what are the break up provisions?
I hate to bring ACB in the equation here but ACB is a big "growth by acquisition" player. I can certainly see them making a hostile bid for APH since APH is a low cost producer with lots of rec readty inventory at only $2B on the condition they drop the NUU expensive $800M merger as they did with CMED.
Interesting times!