InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,765.51
(
-0.05%
)
Post# of 251788
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 829
Posts 119609
Boards Moderated 14
Alias Born 09/05/2002

DewDiligence

Member Level

Re: DewDiligence post# 209933

Wednesday, 04/05/2017 1:44:01 PM

Wednesday, April 05, 2017 1:44:01 PM

Post# of 251788
INNL acquired by private company for $1.75/sh cash plus contingent payments:

http://finance.yahoo.com/news/gurnet-point-l-p-enters-035800014.html

The buyer is Gurnet Point L.P. The CVR has four components, detailed in the above PR, with a maximum cumulative value of $4.90/sh. Based on the current share price, investors are ascribing about $0.50/sh of NPV to the CVR.

Excluding the CVR, the $1.75 buyout price is a 28% premium to INNL’s share price on 3/15/17, the day before INNL issued a PR saying it was in buyout discussions (#msg-129597307).

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

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up