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DewDiligence

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DewDiligence

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Re: biocqr post# 181338

Friday, 01/08/2016 6:20:30 PM

Friday, January 08, 2016 6:20:30 PM

Post# of 257268
TMO acquires AFFX for $14/sh in cash:

http://finance.yahoo.com/news/thermo-fisher-scientific-acquire-affymetrix-224600025.html

The buyout price is a 52% premium to AFFFX’s closing price today, so clearly news of this deal didn’t leak. The nominal deal price is $1.3B. No CC.

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

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