Not surprising, and may actually be a positive for ELN long-term. They are not in immediate need of new financing, EDT is cash flow positive, its cash flow should grow into the future and it may get a higher price tag in 2-3 years.
I was actually a little surprised by ELN's decision to sell it off on the auction block. Financially speaking, ELN's management seems to be on the ball (others can debate marketing and crisis handling ability), but ELN knows how to play financing, so I am sure they had their reasons. But no sense letting it go for a fire sale due solely to current adverse economic conditions that are far more likely to improve 2-3 years hence.
Tinker
Market Data 
Markets 
AI
