News Focus
News Focus
Post# of 257264
Next 10
Followers 843
Posts 122806
Boards Moderated 10
Alias Born 09/05/2002

Re: pcrutch post# 138982

Wednesday, 03/21/2012 5:09:23 PM

Wednesday, March 21, 2012 5:09:23 PM

Post# of 257264
Whether or not WPI itself is overvalued, paying ~3x sales to acquire Actavis strikes me as excessive and is symptomatic of empire building. If they can get it for only 2x sales, it’s a different story.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Unleash the power of Level 2

Spot liquidity moves with access to US order books.

Sign Up