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LakeshoreLeo1953

08/17/17 1:16 PM

#115908 RE: powerwalker #115907

Depends on how much of the company AVXL barters.
Yes AVXL would get BIIB stock under many scenarios.

The only way a "swap" would not involve AVXL having
BIIB stock on the Balance sheet would be in a takeover.
Then the BIIB would be distributed to AVXL shareholders
and AVXL would cease to trade.....again unless....wholly
owned subsidiary suits BIIB for possible partial divestiture
or many other organizational reasons.
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Bourbon_on_my_cornflakes

08/17/17 4:51 PM

#115951 RE: powerwalker #115907

faux logic. we need the cash NOW, not in 2018.

if we have cash left over in 2018, we can buy biogen stock or exxon stock if you want to collect dividends...except that Biogen doesn't pay a dividend....

and the cash flow from royalties comes whether or not we take stock or cash up front.

Any acquirer could sell the Biogen stock, so there is no deterrence value.

And it is not a stock swap, if biogen isnt getting AVXL stock, it is a payment in stock.

Makes zero difference whether we get paid in $$, Euros, Bitcoins, Exxon, GM or Biogen stock.