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Old API Wind-down Ltd - Ordinary Shares ARLZQ

"Old API Wind-down Ltd, formerly Aralez Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in the acquisition, development, and commercialization of products primarily in cardiovascular, pain management and other specialty areas. Its key products include Fiorinal, Proferrin, Fibricor, Uracyst and Neovisc, Cambia and other marketed products. The company currently operates in two geographical markets, the United States and Canada. The firm generates most of its reven


OTCPK:ARLZQ - Post by User

Comment by clestoron Mar 23, 2013 10:05pm
193 Views
Post# 21159398

RE: RE: RE: RE: RE: RE: RE: Firday hearing

RE: RE: RE: RE: RE: RE: RE: Firday hearing

My read of the merger aggrement is that if ARZ shareholders don't approve the HL transaction, then ARZ only reimbures HL for its expenses to a maximum of $8 mm . . . but maybe their expenses were less than half that.  Getting 66.67% is no slam dunk given large portion held by retail investors.

If I were AGI, I would hold onto my shares . . . see if the stock falls out of bed if the HL deal fails, and start accumulating again.

Make sense?

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