RE:RE:Apotex being sold PiecemealTheRock077 wrote: Lots of mega options here.
Other than Cipher, I still think that Paladin Canada will become available this year.
Endo has less than $1.5 billion in cash and $8 billion in debt.
It seems inconceivable that the opioid litigation against Endo will result in class action awards of less than $5 billion.
At what point Endo declares chapter 11 is anyone's guess , but once the award becomes obvious would be the latest timing.
Endo will NOT be declaring bankruptcy, if this were issue the stock would be @ $2.00 not $10.
I'm still waiting for Valeant to declare bankruptcy as per several morons on this forum.
Furthermore insurance will cover a good portion of the litigation and Purdue will be bearing the majority of the liability and not Endo. Palladin will be up for sale but not for pennies on the dollar that you believe or try and convince everyone here to believe. You were the biggest critic of this CEO and now you have your pom poms out. You need to stop your mindless pumping and give your head a shake. Your credibility is already at zero anyway. smh