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DewDiligence

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DewDiligence

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Re: DewDiligence post# 9195

Monday, 09/17/2018 4:43:34 PM

Monday, September 17, 2018 4:43:34 PM

Post# of 257628
Firmenich acquires SNMX for $1.50/sh in cash—a 43% premium to Friday’s close:

https://finance.yahoo.com/news/firmenich-acquire-senomyx-pioneer-taste-100000026.html

This is essentially a takeunder, despite the large premium relative to Friday close. SNMX is a onetime highflyer that fell onto hard times.

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

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