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DewDiligence

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DewDiligence

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Re: DewDiligence post# 191472

Tuesday, 11/14/2017 4:29:12 PM

Tuesday, November 14, 2017 4:29:12 PM

Post# of 257628
ACHN -10%/AH—JNJ to sell entire stake (18.4M shares):

https://finance.yahoo.com/news/achillion-announces-proposed-secondary-offering-210300568.html

JNJ acquired these shares as part of the now-defunct HCV collaboration announced in 2015 (#msg-113830307) at a price of $12.25, almost 4x the current (AH) price.

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

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