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DewDiligence

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DewDiligence

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Re: None

Monday, 02/05/2024 7:11:46 PM

Monday, February 05, 2024 7:11:46 PM

Post# of 257389
NVS acquires MOR.DE/(Nasdaq:MOR) for €68/sh—a 61% premium to yesterday’s close in Frankfurt, Germany:

https://www.novartis.com/news/media-releases/novartis-strengthen-oncology-pipeline-agreement-acquire-morphosys-ag-eur-68-share-or-aggregate-eur-27bn-cash

The nominal deal value is €2.7B ($2.9B).

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

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