Recall / Iron Mountain - More Antitrusts Pains

Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

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<p>We see Recall being priced by the market at a deal completion probability of 50-60% even after ACCC had issued a 'Issue of Concern' for Iron Mountain's proposed acquisition of Recall Holdings.&nbsp;</p><p>We examine if the current pricing reflects the possibility of the DOJ blocking the deal.</p>

We see Recall being priced by the market at a deal completion probability of 50-60% even after ACCC had issued a 'Issue of Concern' for Iron Mountain's proposed acquisition of Recall Holdings.&nbsp;We examine if the current pricing reflects the possibility of the DOJ blocking the deal.

SOI Released: Even if IRM overcomes the first mountain, can they surmount the second (DOJ) mountain?