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ICU Medical, Inc. Message Board

  • peepill peepill Oct 24, 2013 2:47 PM Flag

    why ICUI went down today

    Lesson from your Cousin Peepill: NEVER BUY A STOCK BASED ON TAKEOVER! The quality of ICUI will make the stock go up...and then six months to 1 1/2 years from now some other will buy them out over at over $100.00/share. Below is the NEWS from Bloomberg.

    ICU Medical Said to End Sale Process After Failing to Find Buyer
    By David Welch, Jodi Xu & Joshua Fineman - Oct 24, 2013 11:00 AM PT

    ICU Medical Inc. (ICUI), the producer of intravenous medical systems that put itself up for sale in May, has ended the process without finding a buyer, two people with knowledge of the matter said.

    ICU, which was working with JPMorgan Chase & Co., held talks with buyers including private-equity firm GTCR LLC, one of the people said, asking not to be identified as the information is private. In its quarterly report filed this week, the San Clemente, California-based company said it incurred one-time charges of about $800,000 “associated with a strategic transaction that did not go forward,” without offering more details.

    Sentiment: Buy

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ICUI
83.77-0.18(-0.21%)Dec 19 4:00 PMEST

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