The article doesn’t clarify how Kessler’s personal interests are {allegedly} being protected by his rejection of the proposed merger. I also am not aware of the change in SCORs MV prior to the proposed merger. If the loss of $1B in MV represents the net gain due to the proposed merger, the market’s valuation seems to be a basis for the CIAM CEO remarks. But, to hedge, does the market have all the info that is known to the insiders?
This ‘divorce story’ should be interesting to follow as it plays out.
The article doesn’t clarify how Kessler’s personal interests are {allegedly} being protected by his rejection of the proposed merger. I also am not aware of the change in SCORs MV prior to the proposed merger. If the loss of $1B in MV represents the net gain due to the proposed merger, the market’s valuation seems to be a basis for the CIAM CEO remarks. But, to hedge, does the market have all the info that is known to the insiders?
This ‘divorce story’ should be interesting to follow as it plays out.