(GIVN)—COV wasn't one of the companies rumored to be pursuing GIVN, IIRC. They presumably outbid Fujifilm, BSX, and other suitors.
This was a case where buying was quite profitable even after the share price rose from the widespread expectation that some kind of deal was going down. I attribute this phenomenon to the company's called-off deal-seeking in 2012.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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