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DewDiligence

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DewDiligence

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Re: DewDiligence post# 228903

Thursday, 07/16/2020 10:22:54 AM

Thursday, July 16, 2020 10:22:54 AM

Post# of 257285
TMO increases QGEN-buyout price to €43/sh (from prior offer of €39):

https://www.prnewswire.com/news-releases/thermo-fisher-scientific-and-qiagen-nv-agree-on-amended-terms-to-acquisition-agreement-301094817.html

The price increase was evidently needed in order to get a sufficient number of QGEN shareholders to tender their shares. The adjusted buyout premium (relative to QGEN’s unaffected share price in Mar 2020) is 35%.

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

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