Thursday, January 17, 2019

Tesaro: All Antitrust Approvals Received

All of the required antitrust approvals have been received. This deal is pretty much a done…

From today’s filing: "On January 16, 2019, the FCO issued a clearance decision with respect to the Offer and the Merger, and the FCA provided a (declaratory) confirmation of clearance with respect to the Offer and the Merger. Accordingly, the portion of the Offer Conditions relating to approval by the FCO and the FCA of the transactions contemplated by the Merger Agreement has been satisfied."

4 Comments:

At January 23, 2019, Anonymous Anonymous said...

LOXO: not sure how FTC shutdown affects them. any ideas on whether to invest or hold off until FTC opens up?

 
At January 23, 2019, Blogger Money Turtle said...

Government shutdown does not impact the timing of the regulatory review process. The HSR waiting period for LOXO is scheduled to expire on January 31st at 11:59 pm. I am playing this via short Puts (just a small position right now).

 
At January 28, 2019, Anonymous Anonymous said...

PACB: u still holding it? Neg report out today on FTC approval challenges

 
At January 28, 2019, Blogger Money Turtle said...

I'm no longer in PACB. I closed out my position in November. I was in a risk off mode during that period.

 

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