... I think my initial take that the deal qould lead to easier credit and gives me a certainty that a lot of debt will be restructured and possibly even lengthened.  It makes sense given that the combined entity fixes the problems each company had on its own.  Hopefully the market will stop fretting about the risks of merging cultures and realize that once that happens, the results will be much better and growth will be restored. IMO, my PT of $11 to $12 is realistic and achievable, it may even be a very conservative one.