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DewDiligence

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DewDiligence

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Re: ronpopeil post# 201673

Tuesday, 05/31/2016 10:28:35 AM

Tuesday, May 31, 2016 10:28:35 AM

Post# of 251603
JAZZ acquires CPXX for $30.25/sh in cash—a 73% premium to Friday’s closing price:

http://finance.yahoo.com/news/jazz-pharmaceuticals-celator-pharmaceuticals-announce-073000572.html

This is a tender offer, and CPXX insiders accounting for 18.4% of the shares outstanding have agreed to tender, making consummation of the deal very likely. The nominal deal value is $1.5B.

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

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