Take a look at the PRone more time. First offer came in at around April, where was it trading then? No one puts a lower than SP as an offer. This offer is significantly higher and firmer. Other ones will follow in my opinion. He pushed the offer letter in front of the Board and that's when they make it public. Board will need to hire an advisor to make sure that fair valuation is reached. We are at the beginning of a new era, pending J&J payout, etc. Not easy to bake in everything but that's the path to follow.
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