Shares1,151,366 ...ICAHN, CARL, C.Shares > 19,895,841 7.25% 782,702,384 ..average price paid $33.00., Carl Icahn added more shares 26,083,088 now has 9.76%....Morgan Stanley, adding 4.3 million shares to its 10.2 million share prior quarter position,... and Schroeder Investment Management, adding a NEW 1.6 million share position in FRX
The old Solomon still insists the ruling of their 3,300 haeds (will be 3,500 soon) slaes army. Their CapEx increases more than the growth (sonn be nagetive) of their revenue.
However, with the patent cliff ahead, will Solomon drive the army to down to the cliff?
The environment of selling drugs is changed. All major pharmas are cutting their sales force. Solomon is against the trends. If the army fells on the cliff, it is a suicide themself (most of them will be laid off finally).