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Astex Pharmaceuticals, AŞ Message Board

  • buysell1929 buysell1929 Sep 5, 2013 12:58 PM Flag

    Reason for Deal

    IMHO, the good doctor cut a deal where (1) his options vest (change of control) and (2) the acquiring company will keep him on and give him a retention package (options, pay, retention bonus, etc.). There was a big emphases in the CC on the fact that ASTX would retain its current structure and people as a wholely own sub.