Buyout tomorrow or MondayI believe a bidding war has already taken place and the offer will be announced shortly. Today someone caught wind of this and leaked that the buyout is imminment. Someone else (or a short seller responsible for the first leak) realized that black stone and carlyle were longer in the process and realized they could make a killing by leading the market to believe that a buyout of cxr was no longer likely . Mangement realized that they could get a slight reversal after the drop by announcing they are still in negotiations as the market was too ignorant and emotional to realize this. However they could not say anymore until the deal is announced. This is just my personal opinion and I could be completely wrong. GLTA