This is the most straight-up merger situation I've ever been involved in. The deal is already done, and Unique seems to be expediting the process to get the paperwork end done as soon as possible. IMO, I wouldn't even call this a delay at this point. We are waiting for an action that can happen at any time.
Going over the filings, it's plain as day that this merger is between ULHK, (Hong Kong) and the largest UL companies in the Americas, with the door left open for another merger within 12 months with the largest of the UL Asian companies.
If the proposed future merger is undertaken, that would put the Hong Kong, New York, Boston, Atlanta, India, and China divisions of UL all together into this shell.
Anyone throwing this company out the window now is not understanding what is transpiring or the future potential of this company, IMO.
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