Concordia Healthcare Corp. T.CXR.R

Bloomberg: "Pfizer Gets Record Fine"

[BaytexBull]

https://www.bloomberg.com/news/articles/2016-12-07/pfizer-flynn-pharma-fined-record-106-million-by-u-k-regulator

Argue with Bloomberg Mr. Hulot. Baggie.

[RolIer007]

BaytexBull wrote:https://www.bloomberg.com/news/articles/2016-12-07/pfizer-flynn-pharma-fined-record-106-million-by-u-k-regulator Argue with Bloomberg Mr. Hulot. Baggie. It doesn't matter what Concordia will be fined because they have a fork stuck in them now and will announce Chapter 11 Restructuring soon. RBC downgraded to $1 UNDERPERFORM and Scotia to .50 Today. I have never

[EyeDontBelieveU]

Baytex "Bull" ...   come on, there is no way that Scotia downgraded their price target to 50 cents   LOL And I even had a hard time believing that Royal Bank is $1  What is Goldman's going to be next? They were selling like crazy today.  

[EyeDontBelieveU]

I asked if someone could post the Scotia report that cut to 50 cents....   (I posted the Royal Bank one that cut to $1 earlier today) and will wait for the next downgrades or analysts announceing that they are no longer covering Concordia (more likely at this point they will just cease coverage rather than downgrading to  0. 50 cents )  

[Lumberfeverlong]

What is interesting about the CMA fines is that the much larger fine was imposed on Pfizer who sold the drug to flynn who then increased the price. In comparison, one would expect Cinven to get the much larger fine as it was the one who jacked up the price and sold the drugs to Concordia. Cinven received an inflated consideration for the Amco portfolio becuase of of those drug prices and should be