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Amgen Inc. Message Board

chkifny 2 posts  |  Last Activity: Mar 21, 2016 2:01 AM Member since: Feb 12, 2006
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    Buyout question

    by chkifny Mar 20, 2016 11:13 PM
    chkifny chkifny Mar 21, 2016 2:01 AM Flag

    Thanks for the post sofyam, I may wait until the 10K comes out. It would be tempting to buy at a lower price but I'd still buy protection. So much negativity now that anything bordering on good news will drive the price up quickly.

  • chkifny by chkifny Mar 20, 2016 11:13 PM Flag

    Pfizer is merging with Allergan at a cost of $160B. ANG's revenue last qtr was only 50% higher than VRX, $4.2B compared to $2.8B, yet they could buy VRX for less than $40B today ($9.2B equity plus $30B debt). Realize there is a cloud over VRX and there are other factors but it does seem cheap in comparison. I looked at buying the stock and buying puts for insurance but the puts are extremely expensive. Thoughts on a buyout if this continues lower?

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