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DewDiligence

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DewDiligence

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Re: stocksrising post# 247599

Tuesday, 06/20/2023 10:25:33 AM

Tuesday, June 20, 2023 10:25:33 AM

Post# of 251673
LLY-DICE PR:

https://investor.lilly.com/news-releases/news-release-details/lilly-acquire-dice-therapeutics-advance-innovation-immunology

The $48/sh buyout price is a 42% premium to DICE’s closing price on 6/16/23 (coincidentally the same buyout premium that PFE is paying for SGEN). The nominal deal value is $2.4B.

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

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