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micanwait

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micanwait

Re: biotech_researcher post# 50195

Friday, 06/13/2014 10:58:19 AM

Friday, June 13, 2014 10:58:19 AM

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"There were scavengers willing to take Ariad for $10-$11, and now they are gone."

Right BR! And I'd bet that NVS was one of them. Now that they see they can't steal the company they may want to enter Denner's war games (bidding war, that is). As I have posted before, Ariad makes a lot of business sense for NVS.

HB's two best strategic moves:

1. Merck partnership
2. Board seat for activist hedge-fund manager Denner
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