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AmerisourceBergen Corporation Message Board

  • bdoorbndit bdoorbndit Jul 1, 1998 2:34 PM Flag


    I just bought this stock yesterday on the advice
    of another who was watching CNBC (don't laugh, I am
    up 7% in a day). Why is this stock sky-rocketing? Is
    there a target price. My friend told me $100. I would
    appreciate any advice.

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    • the faber report mentioned on cnbc that the
      federal judge trying the ftc suit against the merger of
      mckesson and amerisource stated that the merger could go
      through. mckesson's original offer was $120 a share, which
      is assumed to be good still. i made a nice bump on
      the news, however, i can't imagine that this merger
      would not violate sherman antitrust laws. just an
      opinion. if you hold, good luck it will be worth alot.

113.190.00(0.00%)Apr 20 4:01 PMEDT