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DewDiligence

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DewDiligence

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Re: dav1234 post# 164975

Monday, 12/16/2013 9:59:55 AM

Monday, December 16, 2013 9:59:55 AM

Post# of 257262
VRX* acquires SLTM for $2.92/sh in cash:

http://finance.yahoo.com/news/valeant-pharmaceuticals-agrees-acquire-solta-130000891.html

The nominal deal value is $236M, and the buyout price is a 40% premium to Friday’s close.

SLTM has a motley collection of medical devices for cosmetic applications, including the Thermage radio-frequency system for skin tightening (originally owned by THRM) and the Lipisonix “body contouring” system (originally owned by MRX).

*The preeminent biotech “roll-up” company.

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

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