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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

Bullboard Posts
Comment by CorporateStoogeon Sep 07, 2012 6:55pm
171 Views
Post# 20335052

RE: RE: RE: RE: BNC and this BB

RE: RE: RE: RE: BNC and this BB

Kitty,

Who says Endo hasn't come with an offer yet?  You assume that they haven't......I assume that they have....and I also assume that, given the current SP, the offer was most likely less than stellar (for us).....why would Endo cough up more sheckles than they have to...anybody with any M&A chops knows the cat and mouse game that gets played on valuation....Endo can and most certainly did leverage the subterrainian SP with their bid(s) thus far.....again, why wouldn't they....

Lucky for us McRae is so ego driven that taking a lowball bid actually feels stupid to him.....

Bullboard Posts