No only Gilead will not acquire any company, as it hinted in its recent CC, but also it may split and reduce.
It is time for insider to cash and sell shares.
Where you have been when CVS and other drug stores threw away HZNP drugs from their stores?
Tell us what happened to the PPS?
A fool like you may spend years on a bad position but still dreaming about $45. Not a fat chance. At least At least Mike trade it and probably makes some money but you have to work free for TW, not here but also on DEPO board.
Repeat after me, no acquisition. GILD borrowed money in 2014 too and did not do anything.
You will be disappointed if you think that GILD will acquire something this year or next year.
Those days passed when an opportunist company can get something cheap. Now, everybody is looking and they have to pay mucho price for an average drug. Look at ABBV that paid an arm and leg for half of PCYC.
What DEPO management said or meant is that HZNP shares are overvalued and they should not be used as a measure to put value on another company which is probably undervalue at this point (or much better than HZNP).
Remove speculation and HZNP market cap and its shares value should be 1/2 or at the best, 2/3 of current values.
That right, management and insiders wants to get fat and they selling shares left and right. They are milking current drugs and they do not want to go thru any acquisition. They are getting comfortable and happy with current prices and situation. Why bother with acquisition and fantasy of some shareholders. They have been busy dumping shares at low $100.
On the other hand, don't expect miracle since management is out of magic. They got lucky with Solvida and they know they cannot find any sucker to sell them a similar drug.
Why predict it, it is simple, DEPO as a company with its shareholders hate HZNP since HZNP looks like a speedy, careless, drunk driver that wants to go from point A to point B and meanwhile it is wrecking the car, probably damaging some properties and killing a few and eventually sinking in a river.
Nobody wants to drive or even get close to this driver.
That is so interesting that a blind is complaining that a deaf is not listening to him.
This is the worst marriage ever, even worse than Kardashian first marriage.
Of course, they should be worried because a company with no fundamentals and just based on hype wants to get them cheap. Why is HZNP paying with its hyped and bubbled shares and why HZNP wants to hang on DEPO to save itself from drowning? If HZNP is truthful then offer DEPO with $33 per share of cash. Of course HZNP does not have the cash but it probably can sell its shares at any price to provide the cash. May be it can sell its shares at low or under $20 to get the money.