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Celldex Therapeutics, Inc. Message Board

  • sandersknowsall sandersknowsall Jul 5, 2013 11:31 AM Flag

    whomever loses ONXX bid, will look at CLDX, there will be at least 5 "losers"

    all 5 have money to burn and need growth except for CELG which will be growing on their own but will be a nice complement

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    • sanderknowsall,

      Amgen is loaded with cash, so they could up their offer for ONXX. But Pfizer and Novartis are rumored to be interested as well. Bayer might be a player here since they are already partnered with ONXX on Nexavar. My guess is the final bid will be very close to $10 billion. And you're right, the "losers" will be looking for other acquisitions. I think this ONXX buyout scenario is helping fuel CLDX's rise.


      Sentiment: Strong Buy

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