Quote:
Originally Posted by madlex
If the Rio had been sold already, we would know about it. Otherwise the SEC would be very very upset. To put it nicely.
True, but an agreement to sell doesn't mean the deal has actually closed, and its not uncommon to have a quiet period of non-disclosure between the time of "agreeing to a deal" and the actual closing of the deal, the time between the two being filled with further due diligence, contingencies, etc.
These "sources" may just be hearing about an "agreement in principle", which can be miles away from the actual closing of the sale.