InvestorsHub Logo
icon url

kmg

03/24/10 8:03 AM

#844 RE: ChangeDirector #843

Thats great if we owned their stock . but we dont we own some sort of right if they reach a financial goal, but if they dont then apcvz becomes worthless , thats my take on it, am i wrong?
icon url

ChangeDirector

03/24/10 8:04 AM

#845 RE: ChangeDirector #843

On July 7, 2008, Fresenius announced the agreement to acquire Schaumburg, Illinois-based APP Pharmaceuticals, Inc. Under the terms of the agreement, Fresenius acquired the outstanding common stock of APP for $23.00 in cash per share (the "Cash Purchase Price") plus a CVR that could deliver up to an additional $980 million, or $6.00 per CVR in cash, if the financial results of APP meet certain targets (payable in Q2 2011).