For TPG strategically it makes sense to drag your heals, the market ( which is really just arbitrage funds) had nearly totally factored in a near term deal, this pause and share price pull back is just a reminder of what happens short term if investors don't back the deal.
I'm now of the opinion holders should wait for those $14+ valuations to come to fruition to maximize returns on IVC but tbh I reckon this is just going through the motions/strategic ploys and the finer points are communicated later this week to firm it all up, oink oink today
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Ann: Update on Engagement with TPG, page-6
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