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anon13333

01/29/15 11:03 PM

#11793 RE: terragord7 #11790

First, this the opening bid to put BP on notice.

This is just for Provenge and other certain assets.

Pursuant to the terms of the agreement, Valeant will acquire the world-wide rights to Dendreon's PROVENGE(R) (sipuleucel-T) product and certain other Dendreon assets.

What about other assets (e.g. the current phase III trial candidate) and other assets? They are worth something.

Also,

From PR:
Valeant will acquire the world-wide rights to Dendreon's PROVENGE® (sipuleucel-T) product and certain other Dendreon assets.

From docket 282:
Total Assets: $ 342,783 is not part of the deal.

VRX offer is 342M+296M=638M.

Anything more belong to shareholder.

Check the document and bring in your thoughts.
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was GoldenDD

01/30/15 8:10 AM

#11809 RE: terragord7 #11790

In any auction the average sells tends to be x3 to five times the minimum bid price. so my guess 900 mill to 1.5 billion will be the final price imo
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ATCrunch

01/30/15 11:58 PM

#11873 RE: terragord7 #11790

I believe nobody will let valeant steal this cheap. Like they said, they want it "cheap" and it supports there idea of " fast growth, etc" they want to enter the market cheap but I think other players have other ideas. A company that takes over should be able to cut cost and make them profitable. Lets say 350 rev and 50 m profit next year under a takeover with current model. 1 billion bid is only 20 price to earnings with that forecast. Then they have intellectual property which might add more value. I can get to that multiple pretty easy.