Feb. 18 at 1:06 AM
$PSKY Board approval means nothing. The Shareholders decide who buys the company.
Now PSKY is offering
$31 as well as a ticking fee for the whole company. Of course this is far superior than what
$NFLX is offering. It is a No-Brainer at this point.
The question is, how much debt was actually allocated to the NFLX deal? We don’t know for sure and that is shady as hell:
Anyway, PSKY will take the whole company and all of its toxic debt. How do you say no to that? You don’t. You vote yes for PSKY. Very Simple.
$WBD