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  • noaricapital noaricapital Mar 28, 2008 11:21 AM Flag

    Court Case Outcome

    It is already "bad" so I do not see the stock being crushed. If the outcome is that the breakup is approved then I see a big upswing. The truth though is that the decision will be meaningless. The courts will decide that Malone does not have a right to kick Diller out and that Diller does not have a right to break up the company and dilute Liberty's votiing control. It will really put the ball back in to the court of a negotiated arrangement between Diller and Malone. Which, in my opinion, they will do.

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