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DewDiligence

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DewDiligence

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Wednesday, 02/24/2021 11:46:16 AM

Wednesday, February 24, 2021 11:46:16 AM

Post# of 251670
ICLR acquires PRAH for_$166/sh_in_cash_and_stock—a 30%_premium_to_yesterday’s_close:

https://finance.yahoo.com/news/icon-acquire-pra-health-sciences-110000464.html

The nominal deal value is $12B. If consummated, this deal will create the second-largest global CRO, employing 35,000 people. (IQV is the largest.) A focus of the combined firm will be “virtual” clinical trials.

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

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