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FredKerx

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FredKerx

Re: None

Thursday, 06/28/2018 3:02:18 PM

Thursday, June 28, 2018 3:02:18 PM

Post# of 3329
If my calculations are accurate, KERX shareholders will now be owners of a merged company with same O/S as KERX today with nearly 62.5% ess shares.

This means that a KERX $10 buyout of today would have to be a AKBA $27 buyout of tomorrow to get the same proceeds.

KERX sharehokders got the shaft if my calculations are approx. accurate.

This is the transaction employed, by way of a merger with AKBA at conversion ratio .3743, that KERX s/h were screwed AGAIN!

ALL above, in my opinion (not sure O/S calculations are correct)
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