the offer was made a month ago. we don't know when ARIA rejected it. If a week later, doubt any talks are going on this weekend (except for this board). Wish someone from the inside was posting but they'd lose their job fast.
if anyone here wants to learn and get good info, listen to citamar. He's very good and knowledgeable. His picks and trading are awesome.
I was home and listening while trading but I didn't hear they got a new CEO. if so, he/she can be the division head reporting to BXLT but the 2B number is from BXLT and what we have to guess is how much more than 2B will they be willing to go. If it's low 2's, forget ARIA.
good thoughts and comments. and if bxlt has space, they'll close aria's in a heartbeat and layoff lots of people in the process. they just want the drugs and pipeline/patents. people are trash in today's buyouts.
now I know how a guy with 5" tells all the girls he's 10". Just increase an inch to a mile. geez, there wasn't any definitive price given so why is everyone stating I know it was for X bucks?? All we know is they are hunting for a company around the 2B price tag. How much above that is up in the air. I'd love berger to come on CNBC Monday and say ARIA isn't for sale!!!!
where do you get that price?? the news says 2B range. 15 is almost 2.9B. far off
where do you get 2B market cap?? ARIA was below 8's and the MC at that price is less than 1.5B. It spent most of it's time in the low 7's and 6's.
I just posted that before seeing your question. what we know is the offer was a month ago and rejected. Doubt BXLT will sweeten. Doubt anyone else will pony up but what do I know. This has been sitting since before the FDA debacle and now with inclusig and brig and we get a low offer. A 23B dollar company offers in the range of 2B. Lame if you ask me. Not sure if anyone else will bite. Time will tell. I'd like it to fall to the 6's again for a while to load up but doubt it hits that for months.
why would they lease space out if a BO was happening??? the new firm would have deep pockets and would hire more to fill the void.
if the offer was for 2B, the math works out to 10.60 a share. won't go to 12 unless WS thinks a higher offer is in the cards.
where do you get $14 per share offer??? is there a press release saying 14 or is your math off???
good question. like others have said in the past, ARIA doesn't have to have a press release saying an offer is on the table (even if it's for 100 a share, which is insane but you get my point). Being a shareholder during this activity, I wish it was made public in off hours so the stock would have jumped to 10 and not inched it's way up and two spikes during trading hours.
I know that when MRK goes buying, they tell anyone leaking the news before it's official will be fired and if it's from the other company, the deal is off.
problem is berger wants big bucks. Most companies probably won't offer more than 16-18 and berger probably wants near 30 (or higher) and he's delusional.
unless there has been new press, yes, there was an offer. it was rejected. Not a live or current one in place.
click on the option tab in yahoo on aria's page. it lists dates and has call and puts at different prices.
no it means nobody is taking the chance that another offer or higher one from BXLT comes in. then they'd be wasting money.