All such deals take several months to close. Mergers, acquisitions etc go thru a detailed due diligence process . They have a binding agreement ( from what's been reported) which will usually have break up fees and a time frame to close. Since there is some financing whether it is private equity or bank , those firms require a level of " kicking the tires" to insure their investment. So yes there is always a chance that any deal can fall apart but in this instance since there should be no surprises its highly likely the deal will happen.
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it's tough to make predictions specially about the future
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