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Wednesday, August 10, 2016 5:25:21 PM
https://www.sec.gov/Archives/edgar/data/1114448/000110465916138659/a16-16346_1sc13da.htm
During the past three days (including today), NVS sold ~260K shares, reducing its MNTA holding from 4.71M shares to 4.45M shares.
The 10b5-1 plan has a (undisclosed) lower bound on the MNTA share price, so there is no absolute requirement that NVS complete its divestiture by 1/26/17.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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