Even the gold funds are not down 30%...stay very far away from this one. Wonder if they may have to close
There is no way anyone but VRX could have done enough DD especially knowing there would be practically no sales in the 4th qtr. If there was no bid, this stock would be trading at 100.
Could be another bidder around. Special directors meeting today at ENDP...more later
Huge volume in the Mch, APR and even July 160 calls.
This will be a trip to $200 that will make Ackman another billion
We may not have heard the end of this. SHPG was interested and started initial investigation. They could come in higher. The opening will be a tell if this is a possibility. David Faber will have all the details Monday morning.
that has been floated by the media. This is the reason there has been no announcement. I am hearing the top holders are registering complaints to the board for that price and that negotiations have been continued. Paulson has led the discussions which may result in a better price or VRX to walk away. We will see...