I suspect that the real reason for the suspension is that it was required by existing covenants in the debt that EROC has issued. Pretty telling when management says that if the sale does not go through it will have to restructure debt or else....
hardly the same.
EQU was a corp being purchased whole by a non-dividend paying company.
Naturally the acquirer had valued EQU and did not want part of that value being given own to shareholders leaving it with less.
EROC situation is totally different as EROC is just selling assets and is expected to continue being a distribution paying partnership. The fact that it cannot pay them indicates severe financial stress.