Saturday, January 07, 2012

Pharmasset, Inc. Is Almost Done

Yesterday, Gilead Sciences, Inc. (Ticker: GILD) announced that it received HSR approval for the acquisition of Pharmasset, Inc. (Ticker: VRUS). Pharmasset popped to ~ $135 in after hours trading. This deal is just about done with the tender offer expiring next week. The closing of this deal will be a nice start to the New Year.

posted by Money Turtle @ 8:34 AM   4 comments

4 Comments:

At January 07, 2012, Anonymous T. Bhat said...

amen.

there is a ssw tender going on. odd lot (99 shares or less) has priority.

http://valueinvesting.proboards.com

 
At January 07, 2012, Blogger Money Turtle said...

Thanks for the info!

 
At January 09, 2012, Anonymous Anonymous said...

I reinvested in CADC,proceeds of VRUS.You might want to have a look at it.

 
At January 10, 2012, Blogger Money Turtle said...

Thanks for the comments...

I picked up 99 shares of SSW and tendered yesterday.

I've been keeping an eye on CADC. The big question mark is whether the shareholders will vote in favor.

 

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