You have some who think the deal will go through and others who don't, which is why the current price is most likely in the mid-range. If the deal falls through, don't be surprised if the stock trades in the $9 - $10 range.
I think most likely the deal will go through. The Gores Group needs to find a smoking gun which will be near impossible to do. Lucky for me, I got out at $14.95 and put my $51,000 to better use. :)