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DownWithPumpers

12/10/14 2:06 PM

#7850 RE: Phaeton #7849

Sanofi to continue diversification, eyes acquisitions. What could they acquire?

Sanofi bought 65% of Afreeza's profits for 150 million dollars.

That values Mannkind at 230.76 million (.65 * 230.76 = 150).

They might be open to acquiring the rest of the company for 80.76 million. Do you think they'd find lots of sellers at 31 cents a share?