No, news comes out in advance of the FINRA action, and that action wouldn't refer to a bankruptcy liquidation as the reason. In this case, any such merger/buyout/share swap would require the shareholders to participate in the decision whether to do it or not, and a dividend would have been declared by the monitor based on funds in excess of the debt after the liquidation, and all of it would have been disclosed by the monitor and approved by the judges. Not really sure why anybody still believes such deals (and especially in a very public bankruptcy) occur in the shadows under the radar of the judges who have to approve everything so that the creditors who were held at bay are treated fairly in the proceedings. Stunning, really, that notion is still being clung to.
In short, if anything else had or was going to happen, it would be well known, and I'm not talking about being theorized in tweets.
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