Merge asked for interested parties to re-submit bids. Then it went quiet into the black hole. Management had said in the past that the strategic alternative is only for their internal affair.
Here is my thinking about what is their attitude saying:
Shareholders are not important enough to know what they are doing or thinking. They don't work for us. They work for themselves and somehow we just foot the bills. Can we put these basterds to the firing squad? This country needs serious house cleaning!