Chem RX Corp.(fka CHRXQ)

[lonecopyeditor]

Hope this helps...
A "stalking horse” asset purchase agreement refers to an attempt by CHRXQ to test the market in advance of a court-approved auction. The intent is to maximize the value of its assets as part of, or before a bankruptcy court-approved auction process.

We believe ChemRx (CHRXQ) management is attempting to make a swift move here to maximize the value of its assets to obtain a higher buyout offer per share.

While entering a "stalking horse" offer, CHRXQ can offer bidding protections to PharMerica Corp. before the auction. "These incentives enhance the value of the offering for PharMerica which might lead to a better price offer before the auction begins which could benefit CHRXQ.

And right now, CHRXQ up 12.5%... not too shabby!