InvestorsHub Logo
Post# of 252713
Next 10
Followers 0
Posts 394
Boards Moderated 0
Alias Born 08/12/2006

Re: None

Tuesday, 05/29/2007 11:18:40 PM

Tuesday, May 29, 2007 11:18:40 PM

Post# of 252713
Significance of the BIIB Tender offer?--Is there a reason that BIIB is using a tender offer as opposed to a stock buyback on the open market? When boards approve buybacks on the open market frequently only a small% of the approved amount is ever bought back by the company (please correct me if I am wrong). Is a tender offer then a more serious stock buyback program? Another question--> what is motivating the buyback? a stock purchase of another company? IMO the amout being offered is not compelling for an owner of BIIB who has a long term horizon.

Comments appreciated,

biophud
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.