Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

bulldog, it is an excellent example of two companies jumping into business together, as businesses do when it makes sense (and even when it does not). But, what remains is an understanding of how that might look if Elite were involved and I would suggest it would be different than was described. Unlike those two merging to survive, Elite is heading to profitability and any merger is for reasons that we can only suggest but survival not one of them. Let me just say that Elite will not merge solely for the purposes of getting to the Nasdaq. Then there is the merged partner and their logic. Lots of moving parts to consider.

The keys to mergers are synergies born of the ability to cut costs along the value chain, as well as how the products complement one another, which includes portfolio development and product markets that would be enhanced and entered.