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That was $750 MILLION, folks. GIVN said it wouldn't accept less than $1 billion, but that's apparently just a ploy to pump up the price. Even if the company isn't sold, I like what the chatter is doing to the stock price and volume now.
I don't know how you came up with 50%. I think odds are close to 90% that there will be a deal.Price will be determined thru interested parties.
Fuji's bid will be upped by a US company.
The 50% came from Cantor Fitzgerald. Maybe they're just being conservative.
GE may be one of those co.
There is always negotiations. BMY did not want to pay more than 26-28$--ended up paying 31$.
So gap of 750mil to1 billion$ is closeable with more disclosures about Colon Capsule FDA filings etc.