Yongye Biotechnology International, Inc. (YONG)

[realfast95]

YONG - the definitive agreement is due any day for the CEO's buyout. Financing was completed per the 12/31 form 13's.
Offer is for $6.60 so the typical 5% arbitrage will see $6.27

Options look busy especially on the April $6 Calls.

Per the last SC 13D/A from YANG XIANG DONG
it says

Abax HK’s commitment under the Financing Commitment Letter will terminate on the earlier of (a) March 30, 2013; (b) the date that definitive documents with respect to the Mezzanine Debt Financing become effective; and (c) the date the acquisition agreement for the Transaction is terminated. The obligation of Abax HK to provide the Mezzanine Debt Financing is subject to a number of conditions, including without limitation, the execution of mutually satisfactory definitive documents for the Mezzanine Debt Financing.