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Exelixis, Inc. Message Board

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  • uddi_uddi_javan uddi_uddi_javan Jun 7, 2011 6:46 AM Flag

    Buyout speculation put to rest

    Yes, Buyout speculation put to rest.

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    • I assure you that his ultimate goal is to maximize shareholder value. As such, he will entertain all offers. One or two will be worth looking at and thus why Goldman might have been hired. As to him saying that EXEL intends on distributing Cabo themselves, you don't go into negotiations with a weak hand (M&A 101). Morrisey posturing that they are willing to take Cabo to market is the strongest hand he can play. Once again doing this adds shareholder value...which is what he has said in every interview is his ultimate goal. So I would say the "Buyout" is back on the table.

 
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