InvestorsHub Logo
Post# of 253151
Next 10
Followers 840
Posts 120462
Boards Moderated 18
Alias Born 09/05/2002

Re: BTH post# 166040

Thursday, 09/05/2013 6:55:15 AM

Thursday, September 05, 2013 6:55:15 AM

Post# of 253151
The Otsuka-ASTX deal is now official at $8.50/sh in cash:

http://finance.yahoo.com/news/otsuka-pharmaceutical-acquire-astex-pharmaceuticals-074825124.html

CC today at 8am ET.

The buyout price is a 27% premium to Tuesday’s closing price of $6.68. The deal has a value of $886M on a fully-diluted basis.

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

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.