Sure they decided. They could fight back with legal challenges. They could spin off the labs into an independently run entity. There are lots of choices besides shutting them down.

"Due to regulatory pressure, we have decided to..."

"We decided to" devoid of any qualifiers makes it sound like it was a decision made with full autonomy, and not a decision made because you were backed into a corner.

Are your inferences really the important thing? Does it ultimately matter to anyone on any timeframe beyond a two minute hate?

The typical press release doesn't matter at all to most people at a timeframe beyond two minutes.

But to the extent that it does, it should be based on an accurate representation of reality and not misdirection.