Elite Pharmaceuticals Inc (ELTP): It means, irrespective of what the curre...

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Elite Pharmaceuticals Inc (ELTP)

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Re: namtae post# 351857

Friday, 02/19/2021 12:58:49 PM

Friday, February 19, 2021 12:58:49 PM

It means, irrespective of what the current market price per share of the acquired company, the buyout price will be Evaluated price + some premium.

So, in effect, the acquired shares will be acquired at a price MORE than the actual valuation and definitely more than the current market price.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
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