Elite Pharmaceuticals Inc (ELTP): But for Elite to be acquired for $6+ the...

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Re: no2koolaid post# 132697

Friday, 10/31/2014 6:59:51 PM

Friday, October 31, 2014 6:59:51 PM

But for Elite to be acquired for $6+ they would have to be already at roughly $2 at the time of the acquisition. Non company ever gets bought out for more than a 200-300% premium of current price.

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