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Re: salgovernale69 post# 10599

Friday, 04/04/2014 3:12:55 PM

Friday, April 04, 2014 3:12:55 PM

Post# of 48316
Actually, Sal. Punit bought on 3/19, the day of the conference. I know a lot of people have said that they couldn't get this done this fast but I am a lawyer and if there had been tenative discussions with Merck in the past then only specific terms would need to be worked out making it is possible for a deal to be reviewed and get done in a short amount of time.

Another possibility is that Merck already made an offer that was too low and ONCS rejected it. After the Sachs conference, they might have received better deals and then Merck has upped the anti.

Of course this is all speculation but its sooooo fun. Can't wait.