news will be good in the end imo, page-9

IMO my prior view still holds, if deal was dead it would be an easy, quick announcment and back to the MHL we all know and love.

I cant see any reason for a total suspesion other than the deal is still progressing and probably getting closer to wrap up.

I suspect the whole due diligence and transaction is simply proving far more complicated than MHL every envisaged.

Remember they took 3-4 weeks longer to get the binding terms in place with SOCA than they thought - so no reason why fund raising isnt as complicated.

That said a tip for MHL directors - under promise, over deliver