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Posted On: 04/24/2020 12:45:25 AM
Post# of 148941
Maybe. Makes sense, I'm just not sure they can afford us. They have a market cap of 105 billion. If they were to offer say $30/share it would be $21 billion.
Possibly a cash plus stock type offer.
I still think the issue is that we value our drug higher than they do. I would expect buyout offers to be in the $10-15/share range, and I don't believe shareholders would approve that.
Similarly, I don't think we get an offer north of $25.
Possibly a cash plus stock type offer.
I still think the issue is that we value our drug higher than they do. I would expect buyout offers to be in the $10-15/share range, and I don't believe shareholders would approve that.
Similarly, I don't think we get an offer north of $25.
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