Delcath Systems Inc (DCTH)

[Carlito78]

Correct - financial institutions/hedge funds etc have restrictions and rightly so as essentially they are investing other peoples money and need to mitigate risk. A corporate however can make a bid for whoever they want as long as its signed off by the board. The company i work for just recently bought 2 companies which they deemed as complementary to the business strategy. The company had freed up some cash from the sale of assests and said, "find some aquisition targets that we can invest in". Business cases were drawn up, approved by the board and the purchases made. Happens all the time.