RE:RE:Baxter ramping up hiring for Vantive Thx for digging in on this g
Looks like Vantive has the green light and that the July timeframe IS still the goal
I have acquired some Baxter shares in the low 40's and low 30's. Spin-offs are usually shareholder positive events ( if you time them right) - as the sum of the parts can be worth more than the whole.
Plus although the Vantive spin-off is expected to generate $4.5B in annual sales, wait til it sinks in that with PMX, Vantive revenues could conceivably grow by $2B /year within 5 years. My calculator says that's a 50% growth possibility ( rounded:)
Shareholders and would be shareholders will pay up, in advance, for that kind of growth potential.
Especially in the US where they celebrate their Biotechs
MM