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DewDiligence

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DewDiligence

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Re: 10nisman post# 15780

Thursday, 08/11/2016 9:16:20 PM

Thursday, August 11, 2016 9:16:20 PM

Post# of 20689

Any reason why NVS would prefer doing a 10b5-1 sale vs. a secondary offering?

A secondary offering by NVS would likely incur a small discount to the market price in addition to the underwriter's fee.

“The efficient-market hypothesis may be
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