Monday, May 14, 2018 9:39:11 AM
the crazy thing about this deal is the 18% premium they paid to control the thing.....so they are implying that current MedRelief management is bunk and must be replaced - and the scale and effeciencies gained by such a move is Worth an 18% premium...
if Aurora management thought that MedRelief was Worth $3.2 billion on its own as is, then they should have just bought up some of the stock....instead they were willing instead to pay an 18% premium to control it, that is Aurora shareholders will be paying an 18% premium on their share capital to shareholders of Med....
I got a feeling that retail investors around the world are getting overly excited about this industry, and they are getting robbed....
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