I doubt a party shows up on the day of the meeting and offers a superior proposal, especially when the majority of the votes have been cast.
Of course there is a chance, but it's probably a decimal of a percentage chance.
If the merger gets blocked without TXN having an alternative proposal, TXN is screwed. Short and simple. Expiring leases, next to no capital and that hopelessly pathetic debt facility doesn't make for a good combination unfortunately.
TXN Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held
