Sat, Nov 1, 2014, 5:53 AM EDT - U.S. Markets closed


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

Arena Pharmaceuticals, Inc. Message Board

  • dogfromhell22 dogfromhell22 Apr 9, 2013 11:45 AM Flag

    If BP is interested

    why wouldnt they be buying shares of arna at these prices

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I'm not sure on what percent a company would have to file with SEC (5% or 10%) but as soon as they did that they basically have shown their hand and price would skyrocket taking away any base price to start negotiations. Sure, they might own 5% but thats a far cry from 100%. Better to negotiate a buyout with the board using current PPS as a starting point. Of course at these levels I highly doubt the BOD is looking at 30-40% premium as a viable deal.

    • Not how it works. It would be quick and for the full company. If someone knew it was coming, they might front-run.

      I wouldn't expect pre-DEA.

      I can see post DEA, especially if shorts try to hold the line below $10.

      Most people think it would be after sales come in... we won't know until we know. As many have posited, it would create a big hole in someone's pocket - a whale sized one.

4.36-0.09(-2.02%)Oct 31 4:00 PMEDT

Trending Tickers

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.
Groupon, Inc.
NasdaqGSFri, Oct 31, 2014 3:59 PM EDT
Imperva Inc.
NYSEFri, Oct 31, 2014 4:01 PM EDT