Lannett Company Inc. (fka LCINQ)

[Sankarad1]

My question may not be particularly within context.

But why would LCI encourage any merger at this time?

I see LCI's diminishing share value during the last several years. Can it afford such mergers? In fact, why is LCI losing its value consistently all that long?

What kind of a value in terms of share price can Elite realize with this merger? I do agree LCI can realize some synergy, though.

This is the first time I am posting in this board. I used to work for a company that did some big time deals with LCI a few years back. That was the time when LCI announced a dividend of $5 per share. Now, the share price itself is less than the dividend it paid a few years back!?!?!

Thanks in advance to all who can provide some answers.