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DewDiligence

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DewDiligence

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Re: DewDiligence post# 193398

Wednesday, 07/22/2015 10:35:52 AM

Wednesday, July 22, 2015 10:35:52 AM

Post# of 252279
STJ acquires THOR for $63.50/sh in cash:

http://finance.yahoo.com/news/st-jude-medical-thoratec-announce-110000991.html

The buyout price is a 30% premium to THOR’s closing price on 7/20/15 (before news of the pending deal leaked). The nominal deal value is $3.4B.

Under the terms of the agreement, THOR is permitted to solicit rival offers for 30 days.

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

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