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DewDiligence

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DewDiligence

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Re: Mufaso post# 249513

Monday, 02/26/2024 11:39:34 AM

Monday, February 26, 2024 11:39:34 AM

Post# of 257466
NGM acquired_by PE group_for $1.55/sh cash—an 80% premium to the “unaffected” share price on 12/29/23:

https://finance.yahoo.com/news/ngm-bio-entered-definitive-agreement-140300578.html

The buyer is The Column Group, LP. The nominal deal value is $135M.

p.s. It's a coincidence that NGM, a paritcipant in the NASH arena, closed its going-private deal on the same day that there was market-moving NASH news from B-I / ZEAL.CO.

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

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