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DewDiligence

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DewDiligence

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Re: biomaven0 post# 178429

Wednesday, 05/28/2014 4:46:08 PM

Wednesday, May 28, 2014 4:46:08 PM

Post# of 251721
AGN acknowledges VRX’s sweetened offer of $58.30 in cash plus 0.83 shares of VRX (an additional $10 in cash relative to the original offer):

http://finance.yahoo.com/news/allergan-confirms-receipt-revised-unsolicited-125200707.html

That roughly 2/3 of the new offer’s value consists of VRX stock is going to be a problem, IMO, because AGN doesn’t think much of VRX’s roll-up business model (and neither do I).

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

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