News Focus
News Focus

AD

Followers 66
Posts 39244
Boards Moderated 0
Alias Born 07/10/2002

AD

Re: Culmus post# 347692

Thursday, 01/20/2005 11:26:42 AM

Thursday, January 20, 2005 11:26:42 AM

Post# of 704044
Culmus, it is beyond amazing what some huge , cash rich players will get hoodwinked into buying. IE:
(and this one is close to home)...

A small group of generic drug experts I know , started a small , new generic mfg co some 20 yrs ago or so. They got some NDAs, had more pending, but all in all nothing impressive. They sold out to Amer Home Products and made multi millions for all the partners. Well, not long down the road, AHP realized they got little for their (? $80mil) , as well a little fudging done by the sellers it appears, because when they threatened lawsuit, there was some real fear.

Finally, they just dropped it.... and the new multi millionares live happily ever after




The white man seeks to conquer nature, to bend it to his will and to use it wastefully until it is all gone and then he simply moves on, leaving the waste behind him and looking for new places to take. Chiksika (Kispokotha Shawnee),March 19,1779

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today