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Saturday, 03/18/2023 2:06:39 PM

Saturday, March 18, 2023 2:06:39 PM

Post# of 699721
Billion-dollar question: earlier this week, PFE bought SGEN for $42B. MRK dropped the same deal several months ago. Why did MRK drop the deal? Was SGEN not good enough for MRK? If it wasn't good enough for MRK, why was it good enough for PFE? Or did MRK find a better target? Why doesn't PFE go for that better target instead? Or has it already been secretly 'booked' by someone? I keep remembering that on ASM, LP mentioned that there are many activities behind the scenes that they have not/cannot talk about. I keep wondering what they are.

At the same time earlier this week, PRVB was also bought out. The stock price was at $6.75, and the buyout price was $25, almost 4x. Check out the stock price before the deal; it was down every single day until last Friday. Do you see a similarity somewhere else?

With good news continuing to come in, keep the faith!
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