I’ve read this a few times and as far as I can tell there’s no substantive change in ownership planned. It appears to be something done entirely as a paper transaction like a journal entry.

They are going to write off the investment on the books and no longer recognize the associated pass through revenue and so on.

But as far as I can tell they aren’t going to do anything. It’s all an adjustment to financial statements.

If someone more experienced with this kind of public company jargon speak wants to come in and correct me then great but that’s sure what it seems like is happening.

I think it’s literally just an internal accounting adjustment.