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Alias Born 11/17/2016

Re: None

Tuesday, 05/08/2018 9:02:21 AM

Tuesday, May 08, 2018 9:02:21 AM

Post# of 18
Ok figured out - ADR on SHIRE is 3:1 so math on this one

So Shire has a 3:1 3 for 1 ADR and the math would be . . . ($68.55 offer from Takeda to shire *3 ADR/Stk) / 128.77 Shire close on March 27, 2019 = 1.5970 multiple or 60% premium that they are givinng shareholders.

Plus the 36.83 in stock

Plus the cash component $29.38 cash / SHPG share



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