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Yes...if they started the shares transferring on that day though...
could be Monday...but my guess still on last Friday.
J & Z voluntarily asked for early termination from FTC & DOJ means they want to finish up the transaction as quick as possible.
Also, their intention to take stakes in Zimmer will be disclosed to public as well:
https://www.ftc.gov/enforcement/premerger-notification-program/early-termination-notices?combine=&field_date_value%5Bvalue%5D%5Bdate%5D=&date_filter%5Bmin%5D%5Bdate%5D=July%201%2C%202017&date_filter%5Bmax%5D%5Bdate%5D=July%2020%2C%202017&page=1
set date range: July 1st to July 20th...on page 2...you will see them.
10 days from the day the 1st share transfers to the buyer (not the settlement day)
We don't know what is the exact date they transfer the first batch of shares to JANA...
Could be last Friday, 7.14.2017 (1 day after the Early Termination PR).
Earlier I took a screen shot of the bids vs asks on level 2 & caught the 43K bids @ .382:
http://imgur.com/a/IOr3Y
And now on the ask size we are seeing 42K ask @ .39
http://imgur.com/a/LRWYb
Market Makers psychological illusion of someone wants out...They are hiding their TRUE intention = BUYING:
https://www.elitetrader.com/et/threads/market-maker-tricks.50089/page-2
Head fake to trick Level 2 readers!
FYI...
I read EVERY SINGLE WORD from ALL your posts.
Have a good day pal!
You are absolutely right, no partnership!
BECAUSE IT'S AN ACQUISITION!
ASC360 - Audit long-lived assets (group of assets = the whole company!)
It was NOT yearly ASC350 audit.
Second point is the "pay hercules off SOONER" from their prelim 8K. (THEY HAVE ENOUGH CASH TO PAY OFF INSTANTLY!)...as this moment it's probably already been paid off.
Plus MOUTAIN OF EVIDENCES to back that BO THESIS UP...Sticky posts & many posts on this forum as well.
JANA TAKES SIGNIFICANT STAKES = BIG AMOUNT OF CASH FOR ZIMMER TO PAY PREMIUM CASH TO BUY AMDA!
All the REAL retail "longs" investors are waiting for BO news.
When should Sonny announce the news? Hmmm...I have a suggestion...
Based on this info:
Events Triggering Pre-Notification
Nasdaq-listed companies are now required to notify the MarketWatch Department at least ten minutes before making public disclosure of material information that involves any of the following events:
Financial-related disclosures, including quarterly or yearly earnings, earnings restatements, preannouncements or "guidance."
Corporate reorganizations and acquisitions, including mergers, tender offers, asset transactions and bankruptcies or receiverships.
New products or discoveries, or developments regarding customers or suppliers (e.g., significant developments in clinical or customer trials, and receipt or cancellation of a material contract or order).
Senior management changes of a material nature or a change in control.
Resignation or termination of independent auditors, or withdrawal of a previously issued audit report.
Events regarding the Company's securities — e.g., defaults on senior securities, calls of securities for redemption, repurchase plans, stock splits or changes in dividends, changes to the rights of security holders, or public or private sales of additional securities.
Significant legal or regulatory developments.
Any event requiring the filing of a Form 8-K.
The best way to INCINERATE whoever holds the known amount of share of short positions & UNKNOWN amount of NAKED positions....
is to announce the BO news:
1. Early Pre-market morning
2. After market closes
3. Randomly on the weekend
This way, the MMs will not have a chance to scoop up shares from others!!!
Pal,
What is your suggestion? (obviously in english)...ahem cough...Invi***
cad é do mholadh? (in irish)...ahem cough cough...Medtr****
Was sind Ihre Vorschläge? (in german)...ahem cough cough...Ceram***
Have a good day pal!
===============================================================
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=133053495
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132242155
4. Hercules default (not late or payment issue) on non timely to deliver Financial Statement per the loan agreement. NO "BITCHING" from Hercules & no 8K to update investors that they ask waiver from Hercules = never have to worry/ or don't have to ask for waiver from Hercules. End of July COH will be sitting around $2.4Mils (a little less than the $2.5Mils COH requirement under loan agreement; not $0..SMH...on the bears spreading rumor.
If they sit around watch Netflix & go to the beach surfing everyday since Jan 1st, 2017 til now...yes the est. COH is around a little less than $2.5Mils by the end of JULY.
But based on their prelim 8K on June 9, 2017:
"Amedica continues to promote its Valeo ® line of silicon nitride spine implants with the addition of new surgeon users and distributors. With solid material science data supporting its silicon nitride, the company is now focused on clinical studies. The company has been successful in entering purchasing agreements for its products with multiple national and regional hospital groups. These purchasing agreements should lead to increased usage of the company’s products at those hospitals, resulting in increased revenue."
Other commercialization highlights include:
? 12% increase in surgeons users since the end of 2016.
? 10% increase in sales agents representing our products versus end of 2016, with a focus on improved management leading to increased productivity.
? Multi-center clinical study initiated with long-term surgeon users of silicon nitride to examine results in a retrospective cohort of more than 1,000 patients.
? Two new spine industry executives hired for Area Vice President and Vice President of Market Development positions; both with 20+ years of experience in the U.S. spine market.
Looks like they didn't sit still & get nothing done!
Therefore, the anticipated COH isn't sitting @ $2+Mils ...
It's more like a minimum of $4+ Mils...which is enough to totally pay off the Hercules loan of $2.5mils (w/ July 1st payment) + 1.5Mils loan termination fee.
The company has reduced its total debt to approximately $4 million, down from $24.3 million in July 2015 and from $36 million in late 2014. All debt will retire by January 2018, or sooner.
I mentioned before, the Hercules loan clause prevents acquisition!
If you don't think the "JULY" is the firework month for amda & its investors, then I don't know what else to say!
1. R/S = no time as Boston already covered that on a few previous posts.
2. OTC? WTF ... Backward? so much milestones completed...and finally go list on loosely regulated market? Illogical!
3. BK = really? paid debt down from $36 Mils to around $3.5 Mils (included July payment) while revenue jumps. 0% chance.
4. Hercules default (not late or payment issue) on non timely to deliver Financial Statement per the loan agreement. NO "BITCHING" from Hercules & no 8K to update investors that they ask waiver from Hercules = never have to worry/ or don't have to ask for waiver from Hercules. End of July COH will be sitting around $2.4Mils (a little less than the $2.5Mils COH requirement under loan agreement; not $0..SMH...on the bears spreading rumor.
5. Not worry about delisting deadline (as no time for R/S; how to fix over $1 price by August 14th?)
6. NO 8K to update investors about what plan they submitted to Nasdaq (accepted, rejected, pending result).
There is only 1 scenario that will resolve all of the above issues .......SELLING THE COMPANY!
My crystal says BO news might hit next Monday...they need time to transfer shares to Jana...money from Jana to Zimmer...then money from Zimmer to Transfer Agent...
Also, they will give the bankers, analysts & funds 3 days prior to the CC to digest the deals & constitute their questionnaire to ask on CC day.
Their est. COH is around $1 bil.(little more or little less)
First off, Stealth's post already answered part of your question:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=133062658
Even with the above est. of COH....They still need $$$$$.
Why???
The super goose named "Si3N4" that lays golden eggs ins't cheap to own!
==================================================================
The "greedy bastards", Jana:
http://www.vanityfair.com/news/2017/06/greedy-bastards-whole-foods-ceo-slams-activist-investors
Zimmer's growth & sales forecast isn't very optimistic.
How would you entice a so called "greedy bastard" to take significant stakes in your company?
Obviously, Zimmer had to present a super plan to the "greedy bastard"... told the "greedy bastard" that they are about to own a goose that can lays tons of golden eggs! The detail plans of how this special goose will help Zimmer to increase sale/revenue & eating into the enemies' breakfast, lunch, dinner & supper!
===================================================================
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=133053495
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132242155
Most update short interest (known # of shares)
http://www.nasdaq.com/symbol/amda/short-interest
Plus
Unknown # of shares of NAKED SHORTING.
Been watching closely Level 2 data & trading events for weeks...I can sum up that red candles we were seeing mostly in the morning are the naked shorting from "ahem coungh cough".
I would not set stoplosses due to this, NO WAY IN HELL I WOULD LET THESE GUYS TO TRICK & STEAL MY SHARES:
The DNDN Example --> Do NOT use STOP LOSSES -> This CANNOT be Stressed Enough !!!!!!!!!
I am not trying to be an ALARMIST......
I am trying to make sure that the people here ...the folks that have invested tons of time, mental energy, and money in DCTH over the years.....are EDUCATED to the manipulative ways and actions of SHORT SELLERS
The problem with stop-loss orders, particularly in a stock that doesn’t have much of a float to borrow like DCTH is that the movements of the stock .... especially the downward ones... come suddenly and are exacerbated by Stop-Loss orders
Stop-Loss orders look great on paper or on a college finance chalk board.... but in actuality.... Stop-Loss orders in volitile stocks like DCTH are the fodder that SHORT sellers and market makers feed on.
In reality....Stop-Loss orders show the Market Makers and professional SHORTS the exact price that they have to drop the stock to (how much dollar pressure they need to apply) ...... in order to steal your shares ..... and ahead of time.
Would you bet real money in a poker game..... If the other players at the poker table knew EXACTLY what your poker hand looked like.... because you freely flooped your cards on the table and showed the other players your hand .....before the first round of betting was even made ?
By using stop losses..... this is exactly what folks are doing --------> You are telling the market makers & SHORTS exactly what price you are willing to sell stock .... thus freely giving away your hand.
The shorts use "Stop Loss Visibility" to harvest shares and thereby you can lose your DCTH shares before you can blink....... and at prices you never thought possible
Stop Loss orders once they are triggered become ----> Active Market Sell Orders.
=============================================================================================================
LEARN THE LESSON of What HAPPENED to ---> DNDN Shareholders that used Stop-Loss Orders ----> BEFORE they issued their PHASE 3 Data
=============================================================================================================
On April 28, 2009 at 1:27pm the Securities Exchange Commission Halted DNDN's stock from trading .....
Just minutes prior, the stock had plunged suddenly from a price of --- $24.60 a share to under $8 a share --> in Less Than 1 Minute !!!!!!!!
There were over 4,000 trades placed during the blink of an eye totaling about 3 million shares (about 50% of the average daily volume). This all took place on the same afternoon that DNDN was scheduled to release Phase 3 trial data of their prostate cancer drug, Provenge.
There are numerous articles that explain how people who had used "$20 Stop Loss Orders" on DNDN actually had their shares sold by market makers at prices as low as $7.90 a share...... That's more than a -$12.00 a share Screw Up !!!
Now, if you go back and reference the volume in DNDN leading up to this cataclsmic decline. Sellers entered the market just enough to begin driving down the price a little bit .... And a little bit of selling is all it took. Over the 3 minutes leading up to the ollpase..... it can be guesstimated that several hundred thousand shares worth of stop losses were triggered at $20 - and then massive sell volume relative to the bids that were in place...... and then more Stop Losses were triggered.... and then it Snow Balled......
LINK: Article--> DNDN Investors Learn a Hard Lesson in Stop-Loss Orders
http://seekingalpha.com/article/134278-dendreon-investors-learn-a-hard-lesson-in-stop-loss-orders
========================
MORAL of the DNDN Story
========================
When a large number of people who own a stock like DNDN or DCTH and have stop-losses in the same place (nrmally at Round Dollar Figures like: $10, $12, $15, $20 etc..) or people use software algorithyms like "A Day Low Price" or "A Tick below Yesterday's Close"..... these tpes of "Genius" trading maneuvers are ripe to trigger massive numbers of --> Stop Loss Orders -----> and Professional SHORTS and their computer programs FEED on these Stop Loss Order Formations----> Because they can see everyone's Poker Hands.
The Bottom Line ----> STOP LOSS OREDRS are Doomsday Material ..... especially when everyone on Earth has the same idea !!!!!
Automated algorithym trading programs control more than 50% of the daily stock trading in the United States, and many of these programs are wired right into the Nasdaq trading --> ORDER BOOK
Don't give the SHORTS any incentive or fuel to drop the price of DCTH, if only for an instant -----> By Using ----> STOP LOSS ORDERS !
The purpose of the stop-loss is to .......LIMIT LOSSES...........
If an investor wants a stop loss, I would suggest using a --- STOP LIMIT ORDER ------
STOP LIMIT ORDER --- allows that “If the stock falls below ($x Price) .....You want to sell the stock .... but at a minimum price of ($x & $y)”
The STOP LIMIT ORDER then prevents the market makers/ SHORTS from forcing you to sell your stock ......at what could be some absolutley absurd discount with absolutely no explanation !!!!
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# 21356 by MikeJones 0 4/11/2010 2:12:49 AM
# 21364 by limegoldconvertible68 2 4/11/2010 10:33:56 PM
# 21785 by a3w3r3 1 4/21/2010 8:21:43 PM
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Re: The DNDN Example --> Do NOT use STOP LOSSES -> This CANNOT be Stressed Enough !!!!!!!!!
an interesting analysis which definately scared the shit out of me, except for one glaring detail...
"There were over 4,000 trades placed during the blink of an eye totaling about 3 million shares (about 50% of the average daily volume). This all took place on the same afternoon that DNDN was scheduled to release Phase 3 trial data of their prostate cancer drug, Provenge."
Presumably the idea for the MMs and the shorts was to crush the price before the data release and sell again when it came back after the data came out, to make money both ways (going down and going back up). The thing is, (and I don't know if I'm just reading too much into this) - according to tarpon, they KNEW when the data was coming out. That is NOT the case for DCTH - in fact, its the opposite - we've been sitting here every day pondering that exact question.
If that detail was not pertinent to this story, they could have done this at any time, not just when the data came out, and the time of release would have nothing to do with anything. If the detail is pertinent to the story, it doesn't impact us, because no one knows when the data is coming out (as long as they don't telegraph it before hand, but I don't think they will).
Mabye a leak in the release date would set this off, but I don't know. Whoever reads this board might consider to set up stop limits instead of stop losses for defensive purposes, but I don't really know how much of an impact our doing so would be.
Also:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=57101068
Thus the reported total volume/shorted volume on FIRNA is also rigged.
http://shortvolume.com/
http://nakedshortreport.com/?index=AMDA
http://regsho.finra.org/regsho-Index.html
7.13.2017 Jana granted regulatory clearance for Zimmer Biomet stake (significant stakes)
Blackrocks holds around 8% of Zimmer's OS.
I would guess Jana will be holding at least 10%+ & less than 20% (20%+ required shareholders' voting from Zimmer.)
This is a quick private transaction (most likely the shelf shares to Jana accounts).
"Selling private shares is not the same as selling shares of public companies through the click of your mouse or tab of your finger via an online broker. The seller will have to ascertain for himself that he is complying with financial regulations when selling. The buyer will have to be an accredited investor. And both parties and the company involved will have to go through some paperwork to effectuate the transfer of shares from seller to buyer."
https://opensharesblog.wordpress.com/2012/07/03/how-do-you-sell-private-shares/
"6. When you have received the purchase price, sign a Stock Power and send it along with your stock certificate to the company, directing it to transfer the shares that you sold to the buyer."
https://opensharesblog.wordpress.com/2012/08/02/the-practical-steps-to-a-resale-and-transfer-of-private-shares-in-the-us/
A Form 13 from Jana will be filed within 10 days from the stock transfer day. (Clearance on 13th, $ transfer to Zimmer & stock transfer to Jana might happened on last Friday already)
As soon as $$$ is in Zimmer's bank...it's ready to use to tender the BO shares from us (amda's investors).
Timing & everything is lining up correctly now...expecting BO news anytime now til Zimmer's conference call day (July 27th, 2017).
2 sales switched to AMDA:
Your # 1: they think Zimmer is in shambles and see the huge potential of AMDA and want to be apart of the future
***** Based on BO speculation, Zimmer is the buyer...Don't you think it's funny that if they left Z because Z is in shambles....post acquisition, aren't they going back to Z? So this # 1 theory doesn't sound very logical! Ins't it?
Therefore
Your # 2: two the more realistic option, they are immersing themselves in deals to basically transfer to Zimmer post acquisition....
***** Sounds more logical! Transition to set sale channels network up first...The pioneers to prepare for the big upcoming acquisition plan.
Very hard to actually guess what is the BO price...to many variables involved...
We shall see BO news in days...
I would guess on or before July 27, 2017 (Zimmer's 2Q conference call date)
Zimmer Shelf Offering
Quote:
Unless otherwise specified in a prospectus supplement, we expect to use the net proceeds from the sale of the securities for general corporate purposes, which may include repayment of debt, share repurchases, financing capital commitments and financing future acquisitions.
EXACTLY!
Instead of getting new debt!
using the $$$ from Jana to buy amda w/ cash...
The cleanest, quickest, safest method.
At first I thought it would be share exchange deal...but now it looks more like a all cash deal.
Your are dead wrong Boston (being sarcastic)....
Jana shows up with an AK47 full of ammos and yell to other funds:
HANDS UP & GIVE ME ALL YOUR SHARES! (being funny here)
rolls eyes...
ILLOGICAL!!!!
& now
I THINK YOU ARE 1000000000000000000000000% CORRECT!
JANA is seeing Zimmer will be profitable in comings years (post si3n4 acquisition = eating into enemies' breakfast, lunch, dinner, supper).
They are being smart & get in and become a VIP (paying premium = big stakes with new shares)
latest is July 27, 2017 to see the last card of this poker game.
I am getting popcorn out & ready to watch the show.
I bought my ticket!
And will not selling a piece of my ticket!
been planned back 1Q to get David out...google around you will see..
everyone is happy to see him out...
also, he was staying until end of 2Q for 1 mission:
connect the deal between amda & zimmer!!!!!!!
mission accomplished...ready to sit on a side (no compensation change)
not leaving the company though...dig thru my post you will see the article.
I believe that was a normal funds holding peanut-size stakes on a 26 Bil MC company.
What just granted from FTC & DOJ...is more important...sizable stakes.
building? since when they started? please provide some links?
I still think new shares to jana for cash to buy amda.
you can disagree...but we will see soon..
blackrock DIDN'T ask to be on the BOD....
it's not merger type of stakes....jana is like merger type of stakes so they have to file the permission to take stakes FTC & DOJ.
I am accuring the daily volume of zbh....then multiply by ave. of $127
to make an "guesstimate" of how much Jana's stake will be...
that will kinda tells us how much Zimmer is trying to raise ...for the about to be disclosed acquisition.
off topic my friend!
I don't really care what they do after they joined Zimmer's BOD...
none of my business!
All I care is the shares they are buying = CASH FOR ZIMMER TO BUY amda!
As an investor, all I care is $$$ making.
Get into a BO game, then profit.
exactly...that what i said ...read it again...
it's their practices...tossing away the trashy assets to improve eps....
but after they joined the BODs of the company...
...
si3n4 will be the golden assets of zimmer post acquisition...
will sure boost ZBH eps later in time.
--------------------
what most important is shares sold to JANA were not from other funds to them...
I BELIEVE THESE ARE NEW SHARES = CASH to pay for big acquisition!
"it"? can you please be details on your ?
https://www.wallstreetoasis.com/forums/accretivedilutive-merger-cash-deal-not-stock-swap
it's all about accretive acquisition!
selling shares to JANA to get cash instead of financing debt to acquire amda is the best move!
Jana's divesting assets practice is to boost EPS by tossing (selling) assets (that already owned!) that will not help much on the EPS.
Si3n4 tech is considered being acquired (not yet owned) by Z (based on speculation with mountain of evidences to back it up)
In order for Jana to make call on decisions, they have to have their men sitting in the BOD chairs.
Plus, if they want to do something to harm Z & share holders...the other 80% holders of Z will NOT vote yes to side with them, but instead against them!
In order for JANA's men to sit on BOD chairs, they have to vote on that first....months from now for them to make call!
By then, the BO of amda is already done deal!
Si3n4 tech is to help to boost revenue (profit) = boost EPS = same objective with JANA's!!!
Ones might use the "Jana's divesting practice" to spin spin spin spin spin to get cheap shares again...
sigh...check the other msg board bears' post...just make me laugh!
Why not think of the positive side???
They bought shares = more cash to pay for cash deal on AMDA BO!!!!
I love cash deal.. it's quickest & safest!
it's not dried up...it's the MMs controlling the trades....
They want cheap shares....
Look at the bashing attempt on the other msg board...cough cough...
all they do all day & every day is to get shares!
No they will not going private, BK, R/S, dilution, etc...don't feed the bears.
BO news is about to announce...
My guess is any day now ...and no later than July 27th.
Also, please check the image on other msg board.
All I am seeing is joint venture of Zimmer (medical application) + Kyoceras (Non Medical Application)... or Zimmer own 100% then license to Kyoceras (of course non med. app).
LOI = secret pact ... sleeping w/ 1 giant...
be the enemy of other giants in the sectors.
Hence the attack for years esp. on the stock price (to deter investors' $$$ from supporting the tech...cut supply line - art of war) = delay the development of tech & ultimately want to kill the Si3N4 tech!
It would be nice to have a bidding war, but I don't think there is a chance for others to bid in this special acquisition due to their many tight connections between the 2 (Z & Amedica).
Also, bidding war might kill the deal too (others might plot to kill the deals purposely as an art of war strategies)...look at amazon & whole food...complicated thing up....
"a bird in the hand is worth two in the bush" esp we investors...want to cash out quickly when BO news hit!
lol...
I don't know what is the X is as of now...
I can't even evaluate the BO price...
Weigao deal = 300K units on valeo alone...
multiply by average unit per price around 2k to 3K (US Dollars not RMB)...Boston has the info.
It comes out about $600 mils to $900 mils man...
Just so crazy!
Not even counting many other evaluations!
NOLs alone = $200 mils already..
http://www.nasdaq.com/article/stryker-awarded-2487-million-in-patent-case-against-zimmer-20170713-00798
Just District Court ruling...takes years to appeal & years to payout!
more trouble for Zimmer = more desperate to own AMDA's Si3N4 Tech.
Zimmer will get them back when they own Si3N4 completely...& will eat into their lunch later.
It says clearly: INCOMPLETE ACQUISITION the end of the reporting period
So it is 100% not about the past acquisition!
805-10-25-13 If the initial accounting for a business combination is
incomplete by the end of the reporting period in which the combination
occurs, the acquirer shall report in its financial statements provisional
amounts for the items for which the accounting is incomplete. During the
measurement period,
However, the measurement period shall not exceed one year from the
acquisition date.
https://asc.fasb.org/imageRoot/39/73531939.pdf
This prove that it's not
LDR acquisition = just past 1 yr now.
Biomet acquisition = over 2 yrs now.
Cayenne Medical acquisition = past 1 yr now.
Medtech = July 20th, 2016 <<< 7 more days....hmm...but i don't think it's related to this one.
Many other Quarters, they did not make these statement like the ones we just read in their prelim 8K about "recently acquired business"...
Recently = max period is months (not the whole yr).
It is a material event that both companies need to file 8K...but for some reason, they might file some type of filings/notifications to SEC to defer the announcement of the acquisition.
I still stick to my theory of before or on Zimmer's conference call day of 27th this month.
Amedica will be like LDR...no more trading, but still DBA (Do Business As) Amedica entity, a sub. of Z.
As of BO price...I would guess most likely share exchange like
X amount of amda's share for 1 Zimmer' share.
An acquirer in a business combination must identify and measure all aspects of the business
combination in accordance with Accounting Standards Codification (ASC) 805.
2 If the initial
accounting for the business combination is incomplete as of the end of the reporting period in
which the acquisition occurs, the acquirer records provisional amounts based on information
available at the acquisition date.
The acquirer then adjusts these amounts as it obtains more information about facts and
circumstances that existed as of the acquisition date. This period is called the measurement
period. It ends when the acquirer receives the information it was seeking about facts and
circumstances that existed as of the acquisition date or when it determines that it cannot
obtain more information. The measurement period cannot exceed one year from the date of
the acquisition.
Under current guidance, an acquirer must recognize adjustments to provisional amounts during
the measurement period retrospectively (i.e., as if the accounting for the business combination
had been completed at the acquisition date). That is, the acquirer must revise comparative
information on the income statement and balance sheet for any prior periods affected.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwjnx96wqYbVAhUY5mMKHca_DMQQFggtMAE&url=http%3A%2F%2Fwww.ey.com%2Fpublication%2Fvwluassetsdld%2Ftothepoint_bb3052_measurementperiod_28september2015%2F%24file%2Ftothepoint_bb3052_measurementperiod_28september2015.pdf%3FOpenElement&usg=AFQjCNFgZoXxA-CkisTC0dZVPY-KqC48VQ
This is why Zimmer filed prelim 8K & made this statement:
The Company also expects adjusted diluted earnings per share for the second quarter to be at or near the bottom of its previously issued guidance range of $2.08 to $2.13. The Company is unable to provide estimated GAAP (reported) diluted earnings per share results for the second quarter 2017, without unreasonable efforts, as the Company is finalizing the tax accounting related to recently acquired businesses and other certain items that are excluded from the computation of adjusted diluted earnings per share.
Furthermore, I checked 2015 & 2016 SEC filings...I didn't see any related language like the one they spelled out in their recent prelim 8K.
So I don't think this has something to do with past acquisition like LDR or Biomet.
what if they signed deal June 30th? 2Q right?
Pending announcement...strange thing do happen you know.
http://cp.wainhouse.com/blog/2013/10/16/stealth-acquisition-vidtel
There is such thing as "STEALTH ACQUISITION"
Yes..I can answer you it's a YES they did...IMO. Not actually signed the deal though I guess. Or else they have to announce by issuing 8K.
I read thru. all the SEC filings in this year. There no other acquisition in 2017.
Def. of RECENTLY:
https://www.google.com/search?q=recently&oq=recently&aqs=chrome..69i57j69i60j69i65j0l3.1207j0j7&sourceid=chrome&ie=UTF-8
lol...play with the language a bit:
synonyms: not long ago, a short time ago, in the past few days/weeks/months, a little while back;
We need an English teacher now...makes sure it's a hot ones please!
Biomet acquisition was back in 2015 (very complicated deal)
Puzzle piece #2 No Controller as well, since Apr 2017 - https://www.linkedin.com/in/aaron-stout-684bb84/
This guy left amda end of 1Q.