White Knight's Attempt to Buy Commerce Failed in Mid December
It seems Arett Sales tried to be the White Knight and tried to purchase Commerce according a close source. But squeamish money lenders would not follow through on a financing package. This is what lead to not only the "decision" to close but also why the "major announcement" that was to be released around the 19th never occurred. It has been confirmed by the same source that Arett is attempting to buy Good Tidings. Michael Carr was also mentioned as a possible acquisition target as well.