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DewDiligence

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DewDiligence

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Re: mblimon post# 805

Saturday, 09/16/2006 4:51:55 PM

Saturday, September 16, 2006 4:51:55 PM

Post# of 19309
>This apart from the obvious synergies there are by bringing all transgenics IP under one roof.<

The combination does make sense from a business standpoint, but there is the nagging matter of valuation. Would GTC would accept an equity stake in a combined Pharming-GTC that merely mirrored the relative valuations of the two companies in the stock market? I highly doubt it!

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

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