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Obagi Medical Products, Inc. (OMPI) Message Board

  • localsonly2001 localsonly2001 Apr 2, 2013 12:13 PM Flag

    Merz's offer - interesting details

    "In the letter, Merz Pharma CEO Philip Burchard said his company was "surprised by, and disappointed with" the announcement of Obagi's deal with Valeant (NYSE: VRX), which Burchard said came while Merz was still in negotiations over its own bid for Obagi. Burchard said Merz was never made aware of the other deal being negotiated and was never asked to submit a best and final bid."

    Now why would that be?