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Trius Therapeutics, AŞ Message Board

  • eduardohernandez128 eduardohernandez128 Jul 31, 2013 12:14 PM Flag

    What is best for current TSRX shareholders?

    Should one take the 13.78 and run? Wait until deal closes so you can get the extra $2 (up to $2, in 2 years or so )? Do you have to be a shareholder at time deal closes? Or can you sell this stock at a given point and still get the $2?

    Sentiment: Hold

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    • Personally I don't have a super large holding here and I don't want to shoulder any tax burden , so I think I am quite comfy holding pat as I think there is nothing but upside here as gravy. Really ...we are in a GREAT position...imho. . Good luck and AGTG!

      • 1 Reply to tigrdog3
      • "plus an additional $2.00 PPS provided they sell $100 million in TED each of next two years"

        How in the heck did you get that out of the announcement from TSRX that "The CVR will entitle each Trius stockholder to receive $1.00 per share if net sales of tedizolid in the U.S., Canada and Europe are greater than or equal to $125 million in 2016 and up to an additional $1.00 per share, paid on a pro rata basis, for 2016 net sales between $125 million and $135 million." ?

        The relevant sales are for one year only - 2016. if there will be any additional payments beyond the $13.50/share it won't be until 2017.

    • There is absolutely no reason to sell at this offer, now only .25 over the definite $13.50 offer, plus an additional $2.00 PPS provided they sell $100 million in TED each of next two years, this is a small amount, so you will probably net the $15.50. But you have to hold the shares until you accept the offer to get the additional opportunity for the extra $$$$. Very worthwhile plus, this offer is not set in stone, as much as they think it is....

      Sentiment: Hold

    • I believe you have to be a shareholder at the time the shares are liquidated (bought) in order to be entitled to the CVR. Certainly you could trade in and out until then if you are so inclined.