Replies to post #3684 on Ariad Pharmaceuticals Inc fka ARIA

[lax20m]

Well I agree with you 100% that berger thinks this thing is worth more than $15 per share but if they made the offer the board would have to serve their fiduciary responsbility to the shareholders and determine if it was in the "shareholders" best interest. Would probably have to engage 3rd party to do an analysis. Anywhoo I don't see an offer from merck in the near term but I will say this...... a bird in the hand is worth two in the bush. I think this thing goes higher than 15 but to have 15 right now would definately be worth it.

[BTH]

I doubt HB is willing to sell his life's work for $15

Either way you cut it, $15/share is nearly $2 billion fully-diluted. That's a lot of money for any company.

If Harvey wanted $65/per share, maybe he shouldn't have issued so much stock in secondaries and PIPES over the years.