That is rubbish, it is still on. What has changed is that those who seek to t/o are using the debt as a hammer to make a price favourable to them. You have to remember that these assets are unique and very hard to replicate in a short amount of time.
The fact that the CEO is a major shareholder will mean that he will fight tooth and nail for a better price, I just hope his ego doesn't get in the way !
