|
|
|
|
||
Re: 14 D 9 The specifics of the Acquisition DiscussionReally puts this horror show in context and shows the complete incompetence of management and the board. They started negotiations with Alexion contacting Portola about an acquisition with the share price at $26 They announced the Q4 earnings miss days before there first scheduled face to face meeting. Got an offer at $18. Tried to negotiate and got the offer reduced to $16 with a $4 contingency Had to go back and beg for $18 Had Mardi as the chief negotiator Only solicited an offer from one other entity And did all this during the COVID-19 lockdown .... almost like they were trying to sell low Many other issues, but it just annoys me to discuss further. |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
6918 | Re: 14 D 9 The specifics of the Acquisition Discussion | TaiTienMuyBien | 3 | 5/27/2020 10:23:45 PM |