Back in 2014, HAL bid $28 billion to acquire the assholes over at BHI. Much to their chagrin, the government didn’t like such a deal, as it posed anti trust issues. Plus anyway, I am sure the SLB lobby was pressing the child molesters in Congress to oppose such a deal, as it would mean heavy competition for them.
Bloomberg is reporting HAL might pull out of the deal on Monday, effectively fleecing shareholders of $3.5 billion, in what will be owed to BHI for canceling the deal.
$3.5 billion termination fee.
Amazing.
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Without a fucking doubt 3.5 billion greenbacks could feed a lot of people.
Even a the last ranked law student at the worst night law school in Puerto Rico would have written a contingency clause in the agreement (subject to all government approvals).