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Thursday, 08/30/2018 2:20:57 PM

Thursday, August 30, 2018 2:20:57 PM

Post# of 11968
Boston Sci took out a $1B+ loan last week with 4 banks including BoA and Wells Fargo.

There’s a NASDAQ rule that says any financial institution can not hold more than $15K worth of assets during merger/acq/business deals where they could benefit during involvement (conf of interests)

BoA HELD 17k shares but recently SOLD ALL BUT 1000 shares of NVCN.

FYI: 17K x $1.00 = $17K
17K x $0.75 = $12,750

Interesting...