Replies to post #219866 on Biotech Values

[DewDiligence]

AKBA/KERX—Baupost already owns [a big stake] of KERX shares, and after conversion of notes that percentage will be even greater. I don't see why this would not go through.

If AKBA's share price falls further (it was -10% today), don't you think the exchange ratio will be renegotiated?