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If the firm made the decision to drop it, they would likely sink to about $75.
They are going to cram this down the FTCs throats, said one source.
By law the FTC only needs to raise serious, doubtful questions about a merger to get an injunction.
But as a practical matter the judge is evaluating the merits of the case," the source said.
However, this could potentially take more than a year.
To my mind, that is the smart play, said the source.
It will be interesting to see what happens next.
Microsoft plans to appeal the deal, but it now seems like the acquisition is on the ropes.
