Anybody venture as to why TBG was even needed in the first place?
Not like there is debt out the wazoo with greedy bondholders making a play for the company. This is a pretty clean company with respect to debt and management issues. Not much to restructure. I'm sure TBG is not cheap. What exactly is their purpose, and why put them on the payroll if all Takeda intends to do is BK the company and steal the IP on the cheap ala godwinpeak... ?