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DewDiligence

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Re: biocqr post# 220926

Monday, 08/17/2020 10:22:32 AM

Monday, August 17, 2020 10:22:32 AM

Post# of 251670
SNY acquires PRNB @$100/sh in cash—a 10% premium to Friday’s closing price:

https://www.globenewswire.com/news-release/2020/08/17/2078993/0/en/Sanofi-to-acquire-Principia-Biopharma.html

The deal’s enterprise value (excluding PRNB’s cash in hand) is $3.36B.

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

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