It was mentioned in previous updates that we we're still open to other companies, they could've been waiting for the other potential company to fall through. Also Private companies have shareholders to, like facebook has 499(or over that right now believe.)
I haven't put much thought into this possible merger candidate. I'm hoping some of the smart folks on this board have some ideas. If it's a company that is privately held that has been trying to merge for awhile now, they might've already had all their ducks in a row. The fact that they wanted to complete a merger before May 31st tells me they were probably in discussions with other companies before and just couldn't close the deal within their preferred time frame. I would rather it to be a company that has no "pink" track record. Any company private or public that has a verifiable revenue stream will be "a-ok" in my book.
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