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Thursday, August 20, 2020 11:06:22 AM
I agree with you and Flo.
This merger didn't just happen in one day. Why all the selling by insiders if they knew they were in discussion for a merger. Why would they do that?
It doesn't appear they looked out for the shareholders with so many things coming close to coming on line.
M254 alone could be worth what they accepted. They have a ton of cash, a free FDA ticket worth 150M
or even likely more to J and J, Fast track drug approval moving forward, and on and on. They already had a ton of cash in CSl todate. What about the generic with Mylan close to final approval. That generic would be worth a ton of cash. Wu Xi left out in the cold?
No protection on a stock swap for the investors so taxes will reduce the value of this deal if your stock is not in an IRA.
Do the shareholders not have to approve this merger???? Of course they likely sucked up enough shares yesterday to not make our shares count.
What happens to all the MNTA employees working on all these projects?
I see Johnson and Johnson is going to the market to raise money for the deal.
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