ANI Pharmaceuticals (ANIP)

[LordDarley]

My math was off and too high.

1.7M shares x $7 = $12M of saved taxable income.

What I don't understand is that they got more shares than that in the deal.

I think they have taken an agressive tax position that the lock-up is a tax restriction on the other shares. Maybe there will be subsequent filings to make this clear, but the bottom line for me is that I have always felt the brokers would swing pricing a bit to help these guys on taxes.