A leveraged buyout of Lifescan in the face of rising interest rates and declining revenues. In the face of a lack of product development, no replacement for the bellwether, long of tooth OneTouch Ultra product, increased cost pressures, and an exodus of management into a full employment Trump economy, all points to Platinum flipping O/T Ultra and its declining user base to a worthy competitor who needs that base like... like... like... Bayer/Panasonic who still maintains a full U.S. based distribution system with the talent to run it. Mishiwaka and Elkhart Indiana are wonderful places for younger talent to light. Word on the street has been that such a flip is in the works. This is all a good thing as the industry will, for a short period of time (2018-2019) be awash in cash.
Watch the industry closely, and don't be distracted by the CGM technologies, this is a wonderful period of time to have a wide range of strip products.
(9)
(1)
Decision Diagnostics Corp (DECN) Stock Research Links