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Replies to post #183969 on Biotech Values

Replies to #183969 on Biotech Values

IanFromSI

11/18/14 2:29 AM

#183970 RE: genisi #183969

When contacted by BNN ( a Canadian Financial news network), they advised that they couldn't justify the price that ACT has agreed to pay for it.

I don't believe they can make such a public statement and then legally go after the company.

DewDiligence

11/18/14 10:23 AM

#183975 RE: genisi #183969

Agree with Ian—the bidding is over. AGN is a great company, but there’s a limit. I never thought the price would reach $219/sh, making this the third-largest healthcare merger of all time, based on the nominal deal value of $66B.