Titan Medical Inc (TMDIF)

[66Mustang]

I cannot envision Mr. McNally doing a sub-$1B fire sale when he knows they have the goods and they already are on a pathway to much bigger things. My point was mostly that it would be to Medtronic's advantage (in several way that I pointed out) if they just went ahead and wrapped up a deal sooner rather than later, while removing certain risks at the same time. Could there be some minor discount applied because they haven't cleared the last couple regulatory hurdles yet? A definite possibility. Does Mr. McNally appear to be the type of person who would settle for just a small fraction of the company's value? That's a No in my book.


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If MDT buys TMDi now, I guess that price will be under $1B. If they wait after FDA approval, the BO price will be minimum $2B.