From what i've been told from various sources I believe Thus buying YC is a done deal or be it at the 11th hour.
It wouldn't suprise me if this lull was UU gift wrapping YC for Thus.
When CPW were being reported in the papers to be buying YC, YC issued a press release to deny it and very quickly.
Yet from all the Thus buying YC in the papers there's been nothing from YC.
I imagine there's a lot of fine detail to go over as Thus would own a lot of fibre and kit on UU property, can't see this being a stumbling block from Thus as Thus being an ex utilities should still have an understanding of these sites. And definatly more so than say CPW.
The only way i can see Thus not owning YC is that there's an 11th hour major show stopper. Be it raising finance, valuation or very negative analysis of YC. Or someone comming in for Thus?
UU want to sell, YC is badly run so is ripe for a takeover if Thus can get the best from both parties they should have a good platfrom to go forward on.
I also think Thus should look at getting KC as Thus, YC and KC together would have the best prospects for the future.