I DO NOT KNOW WHY ON EARTH IT TAKE A YEAR OR MORE TO CLOSE I DO NOT KNOW WHY ON EARTH IT TAKE A YEAR OR MORE TO CLOSE A BUSINESS DEAL
yes, you need approval of this, and share holder vote, and gov apoproval,
5 or 6 month is plenty of time
spirit and bombardier deal was announced on oct 19, 2019
Alstom deal with BR was announced Feb 12, 2019
they got eu approval, x,y,z approval, waiting for 3 month to get shareholder meeting, then wait again 3 or 4 month or may be 6 to close the deal after 23 - 14 months!!
yes, some people will say, rules, regulators, approval of this and that
yes, but to me, it is a part of big game, hanging, lingering, .....