Amarin Corp Plc (AMRN)

[KCSVEN]

Interesting read, basically it took almost 4 months from the initial solid offer to an agreement. Not sure there is any average on these types of deals as they actually started discussions and abandoned them in 2017 but you can see the type of detail and time it takes to come to a deal.

I've been of the idea any BO happens after FDA approval but also know management thinks they can GIA long term if they need to and expect they would be very successful.

FDA approval is when things get real interesting all the way around, hoping for expedited review to get to that sooner. In the interim will continue to sell short terms calls as I just don't see someone giving an offer AMRN would accept and I don't see AMRN taking an offer when they can de-risk some after FDA approval and be in a better negotiating position. The other catalysts before FDA approval seem less likely to move the stock in a big way.
The $18 area, where the raise was done, is a big ceiling right now, breaking through that would make $18 a very solid base of support.