Seems that BK settlement depends on merger.
But DOJ is stopping merger with lawsuit that could go to appeal and take a long time.
Does that mean BK exit is delayed until after DOJ lawsuit is resolved?
Or does BK court re structure a different deal to end BK?
If AAMRQ is valued assuming merger, how can you value it now?
Do all the shareholders who bought on merger news keep holding stock or dump and get out?
I saw an analyst on NBR say the odds of merger are now 50-50.