RE:What is taking so long
It has been three months only since the announcement.
In the meantime, the stock market is generally down a bit, interest rates are up a bit and DNTL shares have been on a steady incline from $8.00 after the announcement to the $9.50/$10.00 range recently.
Take a look at IPL last year. They announce a strategic review on February 18th to eventually bring a takeover offer in July.
Patience will be rewarded.
I expect an offer in the $14.00/$16.00 range