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DewDiligence

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DewDiligence

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Re: jbog post# 140435

Sunday, 07/15/2012 9:55:21 PM

Sunday, July 15, 2012 9:55:21 PM

Post# of 257375
HGSI agrees to GSK buyout at $14/sh, according to unnamed sources cited by Reuters:

http://finance.yahoo.com/news/exclusive-human-genome-agrees-glaxosmithkline-014610662.html

HGSI’s BoD rejected GSK’s “friendly” offer of $13/sh in Apr 2012 (#msg-74574600), which led to GSK’s going hostile and launching a tender offer at $13/sh in May (#msg-75374255) and HGSI’s establishing a poison pill (#msg-75706516).

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

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