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DewDiligence

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DewDiligence

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Re: DewDiligence post# 243410

Friday, 12/22/2023 8:35:44 AM

Friday, December 22, 2023 8:35:44 AM

Post# of 257375
BMY acquires KRTX for $330/sh cash—a 53% premium to Thursday’s close:

https://finance.yahoo.com/news/bristol-myers-squibb-strengthens-neuroscience-120500513.html

The nominal deal value is $14B; after deducting KRTX’s $1.3B of net cash, the equity value is $12.7B.

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

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