InvestorsHub Logo
Followers 239
Posts 12042
Boards Moderated 0
Alias Born 08/14/2003

Re: New dude post# 1103

Monday, 02/12/2024 1:59:42 PM

Monday, February 12, 2024 1:59:42 PM

Post# of 1106
It will be converted to cash in your account at a rate of $31.26 per share.

After all these years IMGN is gone as an investment, but will be operating as a subsidiary of ABBV. It's not impossible that at some date in the future ABBV could spin off IMGN, while no doubt holding a controlling interest. That's a tact that Roche has used before and certainly could be by ABBV if they wished to raise some money in that way. It would be a very different company if that ever occurred.

For now, I do hope we share ideas here on other investments we're putting the money into.

Gary
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IMGN News