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DewDiligence

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DewDiligence

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Thursday, 02/21/2019 11:43:16 AM

Thursday, February 21, 2019 11:43:16 AM

Post# of 867
MRK acquires IMDZ for $300M in cash:

https://finance.yahoo.com/news/merck-acquire-immune-design-114500689.html

At a 311% premium to yesterday's close, this deal has the 5th-highest premium of any deal in my biotech-buyouts table (#msg-147005024).

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

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