Posted
4:49 PM
by Gene
We can think up another reason SLIME capitulated: He's in
a continuing fight with the uber-SOB John "The Don" Malone over control of His empire. The Don may not be so amenable to a stock swap now; he could use this IDIOCY as an excuse to push SLIME out of His executive seat. Not that there'd be a difference; The Don would have done the same thing...a little more shrewdly.
One other thing:
SLIME's stock was down every day since the announcement -- and it appears to have gone down a little more for His giving up.