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DewDiligence

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DewDiligence

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Re: north40000 post# 81311

Thursday, 07/23/2009 3:10:41 PM

Thursday, July 23, 2009 3:10:41 PM

Post# of 253566
BMY MEDX:

I do not agree with either of you. Not so long ago BMY made another low-ball offer, this time for IMCL @$60/share. Agreements by BODs were in place… Then LLY comes along[perhaps courtesy of activist Carl Icahn] and makes an offer of $70/share.

A little knowledge is a dangerous thing—BMY’s offer for IMCL was hostile and was never endorsed by IMCL’s BoD.


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

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