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DewDiligence

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Re: turtlepower post# 84963

Monday, 10/12/2009 8:33:04 PM

Monday, October 12, 2009 8:33:04 PM

Post# of 257580
VNDA:

I don't know why they didn't just sell themselves for say $500 million which would have been close to a 60% premium. Instead they sign a deal for $465 million.

$200M up-front and $265M in potential milestones is not $465M of NPV.


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