Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by IWillRetireSoonon Mar 17, 2015 9:07am
187 Views
Post# 23528767

Merger and Aquisition fever

Merger and Aquisition feverOver the decades I have noticed that trends do occur when it comes to partnerships/mergers/buyouts. With the Endo/Valeant/Salix courtship happening (and with hugely mind blowing amounts of money being tossed around - upping the bid by 1Billion as no big deal).... I am convinced that we are entering a trend of M & A. This fits very well with us. I would expect that our potential suitors are checking Telesta out very thoroughly and would want to be very discrete at this point - so no news is good news. As for our cash burn potential issue - I am certain we could be tossed a few dollars from interested parties if we really needed it - our monthly cash burn is probably less than what it cost to pay the accountants and lawyers to write up the Salix offer. So I am not worried about that - yet it does diminish our negotiating position. Here's to the luck of the Irish today.
<< Previous
Bullboard Posts
Next >>