something one of the big pharma's want..who knows...only the insiders.
whats the news Buyout ? or no Buy out ?
Sanofi seems to be on the market since their CEO has given up on internal development.. he is not that smart..they could be a buyer though not sure why.. maybe a better fit would be Novartis, JNJ, I hear GSK may be looking
they better get the share price up to 15 before even considering a sale.......us long time stuckholders would be upset at 7
i dun't know.. I hope for your 15 but I don't know if it would happen.. still you'll get something back.. look at Lucent.what a crappy stock and company that is...
On small cap low float biotechs it's usually double to triple the current SP. I'd say a buyout offer would have to a least be between 7-10 for XOMA to consider. Do they have a poinsen pill set-up?
Double, perhaps.But just as you wouldn't pay triple the going rate for an item, it's unlikely another company would pay triple XOMA's current price to acquire the company.But, if someone did, as a XOMA long I'd certainly welcome it.