Not sure. I think some shorts covered, and then when things stalled, they likely went short again.
None of that really matters as long as the deal is what it appears to be.
UNXL just expanded its manufacturing capacity, not to mention picking up Tier One customers and their intellectual property all for less than the cost of the Rochester plant.
A good deal which led CEO Hawthorne to predict profitability next year together with a growing revenue stream for 2015.