The reality is GXY haven't received a bid that is acceptable....

The reality is GXY haven't received a bid that is acceptable. The company was banging on about how good SDV is and that they had over 40 parties interested, but none has put an offer forward that GXY likes, IMO.

So much for GXY being in control and supposedly having parties jumping over each other to partner with GXY and having the luxury of being able to pick and choose which offer to take. Unless they want to choose a lousy offer that embarasses them about the true state of affairs.