You guys are right, I was trusting what an article said without double checking the MtGox market depth myself.
Regardless, it would be easy to spread the sale of 174k BTC over 2-3 exchanges and a month to not impact prices.
Yeah they would either spread out the sales over a long time or auction it off to a bank or some high net worth buyer. Being able to buy 1% of an emerging market at market rate without effecting the price on the exchanges is certainly an attractive proposition.