Replies to post #208415 on Biotech Values

[DewDiligence]

SYK acquires ENTL for $24/sh in cash—a 50% premium to yesterday’s close:

https://finance.yahoo.com/news/stryker-announces-definitive-agreement-acquire-131701863.html

The nominal deal value is $662M. Curiously, SYK's previous acquisition was also at a 50% premium (#msg-95510779).