At the time of the deal's announcement, it was viewed as a positive development, and both companies picked up some strength on the news. The latest development, however, has seen a judge rule on the deal, and place a 30-day hold period on its closing. So, the two companies cannot close out the deal for the period of the hold, and at first glance, this seems like a negative development. Dig a little deeper, however, and things don't look quite so bad. Basically, Immunomedics, Inc. (NASDAQ:IMMU) has had a board reshuffle, and the line of thought seems to be that the new board will be able to negotiate an improved deal (or even a full sale of the company to Seattle) during the 30-day halt timeframe.