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DewDiligence

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DewDiligence

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Re: ronpopeil post# 223568

Friday, 11/06/2020 9:55:28 AM

Friday, November 06, 2020 9:55:28 AM

Post# of 257556
NVO acquires EMIS for $1.8B—$1.35B cash + $450M in royalty obligations EMIS owes to a third party:

https://www.novonordisk.com/news-and-media/news-and-ir-materials/news-details.html?id=33374

The buyout price of approximately $7.82 is a 14% premium to yesterday’s EMIS close.

h/t ‘ronpopeil’ for correcting my prior post, which had an incorrect number for the buyout premium.

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

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