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Affymax, Inc. Message Board

  • investorxc investorxc Jul 1, 2013 4:32 PM Flag

    The idea of a buyout before Omontys is reintroduced is ridiculous

    No large publicly traded company is going to buy AFFY without first knowing whether Omontys is coming back to market. The idea that a company could get a better deal today before O is reintroduced and therefore is the incentive for someone to buy now and get a discount is not how corporate America works. Hedge funds and some private equity might take such a chance but not a public company. Can you imagine if a public company bought another company for say $200 million and 6 months later it turned out to be worthless? What do you suppose would happen to the people who made that decision- who by the way are on salary? How about the litigation on behalf of shareholders of the purchasing company? If Omontys is reintroduced, I would expect that Affy would eventually be bought in the future but not for some time after a royalty stream could be established and a value could actually be placed on the company.

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