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Theravance Inc. Message Board

  • llabtechtwo llabtechtwo Jun 28, 2013 7:31 PM Flag

    FORGET GSK!!!!!!!!!

    They backstabbed this company by accumulating 30 percent of shares at a huge discount!!! Shop us around put on some lip stick and hike up our skirt....there are much better suitors and at 71 per share that is not even one years worth of Relovairs revenue!!!!

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    • GSK accumulated most if not all of those shares through direct purchases from thrx as a funding mechanism. It was a contractual agreement and not anything sneaky. The recent purchase related to their anti-dilution rights. Point is, thrx gladly gave them the shares for cash / strategic partnership.

      That isn't to say they won't pose a challenging negotiator in any asset purchase.

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