Biotech Values

[DewDiligence]

GENT—I had thought about refusing to tender unless they did a stock deal.

You might be able to employ non-tendering to stretch your holding period from short-term to long-term for certain tax lots (if you have any that are short term). Your non-tendered shares will eventually be converted into cash at the same price as the tender offer, but the cashing-out process might consume a few extra months.