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Opko Health, Inc. Message Board

  • bob.wellssr bob.wellssr Feb 24, 2013 10:54 PM Flag

    Dear Shorties, Don't expect Dr. Frost to quit buying anytime soon. In case you missed this.....

    MIAMI, Mar 16, 2009 (BUSINESS WIRE) -- OPKO Health, Inc. (NYSE Alternext U.S.:OPK) today announced Phillip Frost, M.D., Chairman and CEO of the Company, has filed a Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR" Act), to allow him to purchase additional shares of OPKO Health's common stock.

    Based upon Dr. Frost's recent purchases and possible future purchases, it is expected that his ownership percentage of OPKO will exceed 50% of the Company's outstanding stock. As a result, he is requesting clearance to allow such purchases under the HSR Act and the rules of the Federal Trade Commission relating to the HSR Act.

9.52-0.28(-2.86%)Aug 23 4:00 PMEDT