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Friday, March 02, 2012 11:04:44 AM
What I can tell you is that I have been involved in several M&A's in the past and they typically take a while longer to complete than usually announced because of extended negotiations.
Once concluded, however, nearly all of the ones I have seen benefit both parties greatly and the company is much better for the time involved and company growth spikes tremendously.
The official press release of the intent to purchase was issued in December so really that is when the clock on any M&A should start. Until that happens, any M&A should be considered rumor and treated accordingly.
All I can do is to ask you and your fellow shareholders to continue to have patience. Thanks!
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