I'm not knowledgeable about the SEC and their rules and processes. Is a small merger like this commonly delayed and stalled like this? These aren't massive corporations with issues of monopoly, so how unusual is this particular case? What could the SEC be investigating? What reason or excuse could they put out that would justify their involvment and this lengthy delay? Anyone with some insight would be appreciated.
I'm not knowledgeable about the SEC and their rules and processes. Is a small merger like this commonly delayed and stalled like this? These aren't massive corporations with issues of monopoly, so how unusual is this particular case? What could the SEC be investigating? What reason or excuse could they put out that would justify their involvment and this lengthy delay? Anyone with some insight would be appreciated.
There was a couple people who did insider trading, but outside that I'd assume it's just because Trump. = Evil Bad Man to the left.