Mrvl stock went down to around $7 when this was annoucened from $8.5 in Dec 2012. Now stock price recovered and over performing. It's hovering around $10.5. That's 50% gain since the annoucement!
What's going on? No one believes this will impact Mrvl financials?
If more people paid attention to how the legal system works in America, I think there would be mass anarchy.
Apple sues down the street from Cupertino and guess what? They get a $1B verdict from the local jury to punish the mean out-of-towners for stealing. Carnegie Mellon sues five miles down the road in Pittsburg and guess what? They get a $1B local jury to punish another group of mean out-of-towners for stealing.
Pick your venue and "buy" your verdict.
Despite what everyone learned in school, the legal system in America is not about blind ladies holding scales, but punishing the entity the jury doesn't like and for whatever reason. Legal bullies if you will.
Should it be a surprise that Samsung last month announced a new $1B Innovation Center in the heart of Silicon Valley? Gotta make some local friends to keep those golden scales balanced.