Can someone explain the process here? Is it $13.50 or $15.50 that Trius is getting bought out for? I am not understanding the contingency value here. Would someone be kind enough to explain?
Read. If the sales are above the theshold there is a spiff. More than that there is a greater spiff. Since this is not the final offer it doesn't really make a difference.
How is this not the final offer if both boards have agreed to the terms?
what am I missing? Do we have a vote on this deal?
$13.50 cash plus $2 in the future if certain sales are achieved for TED. Contingent means if the sales levels are met. I am going to get these unless some other option comes up.
Forgive my ignorance here, won't our tsrx shares be gone in the buyout? How are we to get royalties as shareholders? This is a first here for me on this. Thanks.
Once the company is bought out, our shares are terminated at that price, right? Do shareholders get money added to their account if the drug reaches certain milestones? How does that work.
I'm sure the company knows who shareholders of record are.
Like with dividend paying stocks.