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DewDiligence

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DewDiligence

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Re: jbog post# 220369

Thursday, 08/09/2018 11:32:11 AM

Thursday, August 09, 2018 11:32:11 AM

Post# of 252279
LGND to acquire VER.L for 6.20GBp/sh—a 16% premium to yesterday’s close:

https://finance.yahoo.com/news/ligand-makes-offer-acquire-vernalis-120800846.html

75% of VER.L shareholders must approve the deal, but 67% (consisting of the BoD and major investors) have already committed to do so. Hence, I’m treating this deal for compilation purposes as a fait accompli.

The nominal deal value is $43M.

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

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