Chem RX Corp.(fka CHRXQ)

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Yes please look at...What is a Stalking horse. !!It can be a money horse ride.!!lol



To clarify, “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.

Last week Monday, it was announced that CHRXQ had reached “a stalking horse” asset purchase agreement with pharmaceutical services company PharMerica Corporation (NYSE: PMC). The total value of the buyout was $70.6 million.
Sales price per share details have not yet been released, but when you see words like “stalking horse”, and see a series of SEC forms being filed by both companies it sets off radars. We started digging and everything mentioned here is taken from both of the company’s most recent SEC filings. See links below.
We find it very interested that the only thing not mentioned is the sale price in relation to shares, with a $70.6 million dollar offer, and with zero debt obligations at 13.7Million shares, we did the Math and our eyes got huge too$$$$.

To clarify, “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!!