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DewDiligence

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DewDiligence

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Re: DewDiligence post# 215789

Thursday, 08/30/2018 5:13:29 PM

Thursday, August 30, 2018 5:13:29 PM

Post# of 257556
SYK acquires KTWO for $27.50/sh in cash—a 26% premium to yesterday’s close:

https://finance.yahoo.com/news/stryker-announces-definitive-agreement-acquire-120101766.html

The nominal deal value is $1.40B. KTWO closed right at the buyout price today, suggesting that some investors expect a better offer to emerge.

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

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