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Re: Ron5516 post# 83703

Sunday, 05/27/2018 11:22:47 PM

Sunday, May 27, 2018 11:22:47 PM

Post# of 114830
No, the email did not state the 23rd, and no the 23rd was not Friday, the 23rd was Wed., but yes the email did in fact state they expected the actual closing to happen by Friday(Friday was the 25th). And could have taken place any time between the writing of the email, or not yet. But also as stated in the Email, the publicized effective date as per the last two PRs was to be the 31st, which is this coming Thursday...

The acquisition, which we will close on May 31, 2018, will help improve our numbers.


And therefore, although all the signatures may or may not be on paper as of yet; unless it becomes made public by the company, the official change of ownership is supposed to take effect on the 31st. And although delay is possible if the CEO finds something not right with the deal, he seems pretty meticulous about getting all the t's crossed and i's dotted. So as it was stated as fact and not forward looking, the odds of it happening on time seem favorable. JMO
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