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DewDiligence

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DewDiligence

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Re: ronpopeil post# 242685

Friday, 06/03/2022 10:04:12 AM

Friday, June 03, 2022 10:04:12 AM

Post# of 251670
BMY-TPTX buyout_price_of $76.00 is_a 122% premium_to_yesterday’s_close.

The nominal deal value is $4.1B.

As a result of the acquisition, BMY is reducing 2022 non-GAAP EPS guidance by $0.08 plus a charge for in-process R&D to be determined later. (BMY’s prior 2022 non-GAAP EPS guidance was $7.44-7.74.)

https://www.businesswire.com/news/home/20220603005198/en

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

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