I believe the matter is resolved. We're just reducing it to writing.
Mergers that are announced in January typically get started the prior September.
The origin of the merger drop was in the economic downturn and volatility that predated Sept. 11. The economic disruption associated with Sept. 11 only solidified that trend.
It is vitally important for companies to examine and understand what the regulatory response is going to be and how to manage it.