Just off phone with LINE VP of Investor relations..
I am long, was trying to get them since morning..talked to VP of investor relations..
As per him, this is normal SEC procedure due to merger, the process should be completed in a week, since all documents are in order...
I guess even analyst are playing safe, no body downgraded to sell , it is precautionary ..
this baby should go up
SEC scrutiny is all about accounting irregularities. A pending merger on its own merit would not trigger regulatory interest. Calling it normal is like saying someone leaving a bank with a gun and a bag full of cash is routine.