Tuesday, March 23, 2010 5:19:37 PM
The journalist should have, and likely did, call THRR and ask the following questions:
1. Who made the offer? A: unknown
2. What is the reason / value proposition? A: Technology base and patents
3. Why is this happening now? A: Company trading at a depressed price
4. When will the deal close? A: On or around April 10th
5. How much is the deal worth? A: $14.1M cash
Financial journalists don't look up O/S and A/S prices and infer, they report after asking pertinent questions. That's what makes Business Week a reliable source.
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM