Biotech Values

[WorstLuck]

ENTA (BPMC)

As an aside, we'll know what the market thinks of the cvr's in the deal when it gets closer to closing and they get fully priced in, so there would be a discount rate to work from.

With the tender set to close next week and BPMC trading around 128.40 (129 + cvr's for tender) it's hard to see any enthusiasm for the CSU cvr's. I haven't seen the HSR yet, which was filed on June 9th, but also nothing from the companies to suggest a delay so.... we'll see how it looks next week.