"Onyx Pharmaceuticals Confirms Receipt of Unsolicited Acquisition Proposal From Amgen." The big boys have money for hostile takovers and will do whatever it takes to keep the drugs off the market (especially Merck). Amgen tried to offer ONYX $120 a share.
I hope Dr Kim says NO THANK YOU. That is why we have a poison pill.
Could you see the headlines on that "Merck offers little known company 21.5 Billion in cash that is currently trading for .79 a share and valued at a 130 Million" Are we f'n dreaming or what? That would be sweet we could get out before the Transaction even took place. The market would drive it up to the $120 mark. I think Kim would put that out for a vote and sell, and then found a new company with Cash.