putting together a big deal takes a lot of effort from a lot of people. Due dilligence and legal points must be considered on both sides.
If interest was overwhelming and unexpected ... something beyond what they originally thought would be a good deal, even more investigation and dd would be required.
the trade halt and or news may very well be that an agreement in principle has been achieved with the prospective buyer(s).
For the companies involved and the 21 day expiration of deposit is extended as will the court supervision until such time as all details are decided in a mutually agreeable way.
I'd rather this be done right and we really do maximize shareholder value ... even though I would also like it now!
orgy