I like your take on the situation, my friend. It makes sense now if we assume the decision has already been made. Who benefits more by delaying it?
If the builders have decided to proceed with FBR, they can delay it until the end to get a better deal. If they have decided not to proceed, they can still delay to get an enticing deal, which might give them more time to think.
However, if FBR knows about the decision, I do not see any benefit for FBR in delaying the news release.
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(20min delay)