the question is why would a company pour 80 million into a company with a market cap of under 11million if they didn't think it was worth 10 time that? think about it that way.... at 27 million shares leaves you with a share price of $2.96 if they used that 80 million to just buy them out... plus think of it this way Tranzyme already paid off there 21 million in debt and have 21 million in cash on the books so if I was to buy you out for 80 million did it really cause me 80 million answer no cause I get the 21 million in the bank so it cost me 59 million in theory....
so sound to me that BMY thinks TRANZYME is worth a lot more then the current stock price tells us.....
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