Aurinia Pharmaceuticals Inc (AUPH)

[rosemountbomber]

No question you make a good point. And, I think Jess in his post right after yours explained the situation well. To me the key was/is that PG overplayed his hand and was looking for too much in a deal.

People seem to forget or not mention what happened almost 2 years ago. Schulman wrote a release announcing the BO, but something happened to nix the deal and he of course got canned. Not being in on the negotiations no one (other than PG and some others) knows exactly what happened, but to use PG's own words, read between the lines. He played hardball and struck out. Now, if a deal happens it won't anywhere near what everyone was expecting back then.