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Old API Wind-down Ltd - Ordinary Shares ARLZQ

"Old API Wind-down Ltd, formerly Aralez Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in the acquisition, development, and commercialization of products primarily in cardiovascular, pain management and other specialty areas. Its key products include Fiorinal, Proferrin, Fibricor, Uracyst and Neovisc, Cambia and other marketed products. The company currently operates in two geographical markets, the United States and Canada. The firm generates most of its reven


OTCPK:ARLZQ - Post by User

Comment by clestoron Mar 19, 2013 9:27pm
179 Views
Post# 21153323

RE: RE: RE: Firday hearing

RE: RE: RE: Firday hearing

Washplant - If more ARZ shareholders withdraw their tender from AGI, then maybe AGI will go ahead and raise their offer.  They probably think they can block the HL vote and simply outlast HL.  But, I want a higher price from AGI . . .  and they can certainly afford it.  AGI has been attempting discussions with ARZ for over a year and they definitely have synergies with ARZ, so I think they will be disappointed if they don't close the deal.

Today AGI shares were up.  But, ARZ was also up and the discount to HL's offer narrowed.  Could be coincidence, but looks to me as if investors think the HL deal is going to close so that spread narrowed to 2%ish (vs 5.4% to AGI's offer).  AGI price was up because the risk of dilution seems less . . .

Anyone have other thoughts?

GLTA

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