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DewDiligence

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DewDiligence

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Re: A deleted message

Tuesday, 05/24/2016 11:56:30 AM

Tuesday, May 24, 2016 11:56:30 AM

Post# of 251788
LMNX acquires NSPH for $1.70/sh in cash—a 179% premium to NSPH’s closing price on 5/13/16 (the last trading day before LMNX’s original buyout offer of $1.35/sh):

https://finance.yahoo.com/news/luminex-corporation-nanosphere-inc-acquisition-100000806.html

The increase in the buyout price from $1.35 to $1.70 was triggered by a counter-offer from an undisclosed third party.

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

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