You're right. Only regulatory approval is needed.

You're right. Only regulatory approval is needed. By "go through" I ment for the benefit of their share holders it was a fait accompli. SA was able to close it's FY books and come out smelling like a rose on their fins with a straight face. (you can tell I was a Finance Officer for a year here) They did this via the 9th's decision that dumped the manure of a judge's wrong decision (that SA bragged about in a PR!) on the base of the SA rosebush at the considerable expense of SFOR. The upshot is that last year SA SHs got the goldmine and SFOR SHs got the shaft! We would be sitting pretty right now if that decision from the bench had gone in our favor. I hope on May 17th we will see it overturned. Then Ropes and Gray will dump manure on SA and SFOR will be fertilized financially. Thank you for making me explain the meaning of the wording of my previous post in detail. I think now you see what I ment but failed in thst post to sufficiently explain. I appreciate you asking for clarification on this matter. Doing so helps keep my posting completely accurate. Our high standards of reporting on this MB must be maintained as credibility is our only currency here. I appreciate being held to account and being given this opportunity to explain myself.