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KCSVEN

11/26/19 1:16 PM

#230264 RE: Rob25 #230260

You get a CVR, like an option at the closing so you need to hold the stock until deal closes to get the CVR.
CVRs can be either non-transferrable or traded on a stock exchange.

IgnoranceIsBliss

11/26/19 1:52 PM

#230277 RE: Rob25 #230260

Hi Rob!

CVR is Contingent Value Right -- it means that if they get bought out, you get the buyout price PLUS these ongoing "rights" that pay additional amounts if certain things are achieved.

Like for instance a really simple one could be:

- Buyout price of $40 plus a CVR of $10 if Vascepa is approved for the REDUCE-IT population in Europe

Then if, post-buyout, the buyer of AMRN gets Vascepa approved in Europe, all shareholders of record on the buyout date get another $10 per share.