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DewDiligence

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DewDiligence

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Re: WID post# 193928

Thursday, 07/30/2015 10:47:36 AM

Thursday, July 30, 2015 10:47:36 AM

Post# of 251612

FMI—Is it better for Roche to buy the remaining shares of FMI at a discount price?

There’s a standstill agreement between the companies, so Roche may acquire more FMI shares only with the consent of FMI’s BoD.

p.s. Roche’s current equity stake in FMI is 64.5% (not 80%):
http://www.sec.gov/Archives/edgar/data/889131/000095010315003175/dp55370_sc13da-2.htm

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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