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jet101

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jet101

Re: bigboard post# 222

Wednesday, 09/21/2016 9:08:34 AM

Wednesday, September 21, 2016 9:08:34 AM

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It might go down and you make a buck or it can still go higher. This in no way is a P&D. The company is being bought out by Allergan for about $1.7 billion.

Allergan's offer on Tuesday of $28.35 upfront per Tobira share is a whopping 500 percent premium to the stock's close on Monday, which had given Tobira a market capitalization of about $89 million. Tobira shareholders could receive up to $49.84 per share, contingent on the company achieving certain milestones.

http://www.reuters.com/article/us-tobira-m-a-allergan-idUSKCN11Q1IF

Everything I post is from my own DD and in no way is a recommendation to buy or sell a stock. Please do your own DD and decide if this stock is right for you. Thank you and good trading.

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