RE:RE:Mylan to Acquire Meda in $9.9B DealStockPicker88 wrote: Add more color to it. Meda stock dropped from $160 local currency in August to $80 today. Share price jumped up more than 100% to almost $170 after hour once the news came out. It's like the sell-off never happened!
Thanks for the post StockPicker88. Some food for thought for CXR investors for sure. I would imagine that any takeover would be priced no lower than $65USD based on Cinven's interest, presumably a premium above that price would be in order.