ABBV Buys Cerevel Theraputics | IMGN Message Board Posts


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Msg  57273 of 57658  at  12/6/2023 11:31:38 PM  by

Topexec


ABBV Buys Cerevel Theraputics

They bought the company for $ 8.7B, They have no revenue and will have no drugs approved for at least 1.5 -2 years.
 
IMGN has one drug approved and revenue, and all we received was $ 1.3 B more.  
 
The longs were screwed once again by the BOD and management, I for one will not just stand by and accept it. This deal benefited management and not the shareholders.


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