today, page-26

"SM will come back, put the options on the table, make an argument for which one he thinks is the best, and then the board will hash it out.
...
All it will take is a phone call and a fax of the signed acceptance, then a release to market..."

Actually, that makes complete sense.

We know he booked flights to Europe and the USA. So I guess the plan was to visit S&N and who ever in Europe and J&J and who ever in the USA. The prospective partners have probably been told to come up with their best proposal.

So Monday might see a trading halt.