MM will drive down the share price for AEO and take in the bonus for the take over firm.
MM will want to take AEO down to near $12 and the take over firm will come in and paying 30% premium, this way they only pay 15 to 16 per share vs $18 per share at this price.
MM usually gets 10% for the shares they accumulated.
This is just only the theory of how Carl Icahn makes millions on NFLX in a very short time.
Some one needs to investigate these firms.