Biotech Values

[rstor1]

You don't need many prospective buyers ... Two or three potential buyers

My experience and knowledge of how public companies get sold is pretty limited. I do have experience with privately-held co acquisitions and negotiations.

From what I have seen, it is typically not the case that you get potential bidders competing. A seller is usually lucky to get one interested buyer and the final price is a function of which of the two parties is more interested in making the deal.

Hardly an efficient market.

Regards,
Bob