InvestorsHub Logo
Followers 826
Posts 119567
Boards Moderated 15
Alias Born 09/05/2002

Re: surf1944 post# 4

Friday, 07/18/2008 9:29:51 AM

Friday, July 18, 2008 9:29:51 AM

Post# of 5
>Based on Barr's 108.1 million shares outstanding at April 28, the deal is valued at $7.19 billion before assumed debt. In a statement, the companies valued the deal at $7.46 billion before debt.<

The discrepancy stems from BRL’s employee stock options that become in-the-money at the buyout price.

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