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No. of Recommendations: 2
1) someone with a big stake needs to liquidate their YONG holdings as the funds are urgently needed for another use and can't wait to see how the deal finalizes. Potentially some kind of tax strategy too before new rates kick in next year?
2) (conspiracy theory alert) Someone connected to the deal wants the price to be low so it encourages the special committee to accept the offer
3) (conspiracy theory alert part deux) someone has insider info about a problem/hiccup with the deal

a fourth option I should have thought of is that someone with a large short position wanted to walk the price down so that they could cover a bit more of their position before any offer gets accepted.
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