Overreaction to newsThe stockprice will recover - the news of the merger was viewed negatively by many and they overreacted. Overreaction is typical and once the smoke clears the price will recover.
If these guys are "honest" then we have to assume they know what they are doing and it will all work out. We win.
If they are not honest, then they have figured out how to benefit from the merger at out expense. We lose.
There are a lot of nasty people in this business. And there are a lot of good ones. Where does AUQ management fit? That seems to be the key question.