this is creating a financial melt down here! Ackman and Sequoia will get into problems too and add to forced liquidations
Horizon isn't in debt up to their eye balls like VRX and HZNP's drugs are more for rare diseases which will always get premium pricing
someone was buying it up all day
sorry but its a fixed stock deal so won't have to "caught up anymore stock"
whats left after sale, which you get stock and cash in combined (better deal) is the #$%$ this bad management bought for a huge premium and dumped money into......best thing they can do is sell it!!!
going to get ugly last hour
better to get the better part of the company combined with better mgt and away from RTK.
institutions are still unloading here even at these low levels