Not exactly sure why, but it looks like the annual meeting and the proposed merger have both been delayed with the filing of a TRO (Temporary Restraining Order).
The order is in effect for 60 days until after other issues are ruled on.
No idea how long that could be or exactly what is going on, at this time, but I would think it is not a good sign for the stock to have the annual meeting delayed.
What ever is going on, it is clear that insiders of the company are having some kind of big legal fight, which is usually never good for any stock price.
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