Patient Access Solutions Inc (PASO)

[Roofus]

My take? More partners kept being added

The merger kept getting bigger, with more players involved.

Increased COVID knowledge has caused a lot to change as we moved further along, and other businesses were finding out about this as a closer solution toward normalcy.

The $50 billion PE firm could also play a role here as well.

And when you keep increasing the merger with # of businesses and partners, there are more things to look at in terms of auditing, etc.

Lots more involved now in closing this merger, than back in June/July.

Quote from PR:
The merger candidate partner is represented by a New York, NY based private equity firm with $50 Billion Dollars under management and the deal size has several moving parts that need to be managed to make the entire transaction a success.

https://www.globenewswire.com/news-release/2020/02/13/1984585/0/en/Patient-Access-Solutions-Inc-Shareholder-Update.html