Tuesday, September 23, 2014

Intermune - Almost Done

Roche’s (Ticker: RHHBY) acquisition of Intermune (Ticker: ITMN) is pretty much a done deal now. The company received all of the required regulatory approvals as of yesterday as we head toward to expiration of the tender offer on September 26th.  I’ll most likely hang on and let the options expire in October unless I see something more compelling to free up some buying power.

2 Comments:

At September 24, 2014, Anonymous Anonymous said...

will this be a BUY now?

 
At September 24, 2014, Blogger Money Turtle said...

There's not much a premium left to make any money. I wouldn't buy now...

 

Post a Comment

<< Home