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DewDiligence

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DewDiligence

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Re: DewDiligence post# 208415

Thursday, 12/07/2017 11:11:21 AM

Thursday, December 07, 2017 11:11:21 AM

Post# of 257375
SYK acquires ENTL for $24/sh in cash—a 50% premium to yesterday’s close:

https://finance.yahoo.com/news/stryker-announces-definitive-agreement-acquire-131701863.html

The nominal deal value is $662M. Curiously, SYK's previous acquisition was also at a 50% premium (#msg-95510779).

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

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