Can you elaborate on point 3 further? I can think of two scenarios:
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Out of court settlement results in PE agreeing for a higher price say 10% but Majesco SH only get 5% additional as remaining goes to lawyers - so net-net gain to shareholders
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PE doesn’t pay up as $13 ends up being the final price… in this case, will the expense will be so large that it impacts price say by ~ INR 200?
So, can’t 1 still lead to some gain and scenario 2 doesn’t have major downside unless someone litigates as it was too pricey. Am I missing something here?
Disclosure: Invested for more than three years, no transactions in last three months