As Idea goes.. Not a new one..
I thought this some time ago but IMHO it's not woth of hassle to Hyperion because it would result too much uncertanity. Ainc is total loss but killing it for good would cause them more problems than keeping them 'alive' as a facade..
And for being late.. Well... It's way too easy to underestimate work required, especially if you have not done simnilar things before. And they have not, but they have learned a lot since last summer.. We'll see when they are ready to deliver.
(edit.. some typos fixed.. and new added) :-D