Fri, Dec 26, 2014, 12:32 PM EST - U.S. Markets close in 3 hrs 28 mins

Recent

% | $
Quotes you view appear here for quick access.

ONYX Pharmaceuticals, Inc. Message Board

  • aapl_dumpling aapl_dumpling Aug 21, 2013 10:14 PM Flag

    Seriously, would Onyx allow bad "data" to be reviewed?

     

    NO !
    Of course not.
    So the data is good, and ONXX knows it.
    My speculation is that ONXX would not release this data to AMGN alone unless another very strong potential bidder was in the wings. Why? Because AMGN could screw ONXX after reviewing the data, even if it was good. They could withdraw their bid, which would suggest to the market place that the data was bad, thus killing the ONXX share price. It would probably plummet below pre-AMGN-offer prices. But releasing the data suggests to me that AMGN is NOT the only player, and there NOT capable of acting alone to screw ONXX. Someone else is out there and bidding.... If ONXX suggested that AMGN's bid "significantly undervalued" the company, why in the world would they kow-tow to AMGN's request to release data without a) a much higher bid from AMGN based on the data and /or 2) another bidder that will keep AMGN honest in this thing... Think about it... JMHO

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ONXX
124.700.0000(0.00%)Sep 30 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.