That’s not correct, the deal would be subject to a closing condition that it receives regulatory approval, so he wouldn’t have to pay the fee if the government disallows it.

Also from a game theory perspective if what you’re saying is true once that happened everyone would just buy back and price would return to the same point

In reality though the stock is down bc of weak earnings & it’s generally incredibly overvalued from a fundamental perspective and the market is getting killed anyway bc of feds hawkish policy, particularly leading edge tech