Replies to post #2996 on Chelsea Therapeutics Intl Ltd fka CHIP

[Guppi00]

Fair assumption - I can't say whether or not the value is set in stone or not, but I certainly think it was low and they may have a hard time getting enough shareholders to sign off on the deal. So, a higher price from Lundbeck or someone else is certainly possible...otherwise I guess it is also possible that people want to secure a method to buy more shares right before the deal closes and the $7 strike is the cheapest way to do that if the share price moves up toward closing day? Idk, just speculation.

Also a little surprised to see options extending out into 2016 now...unless they were there before the deal and I just never noticed. Guess I have some studying to do on M&A.