RE:This deal took 6mths to closeMakemoney3 wrote: I wouldn't be surprised to see SU's bid take this long as well with a price sweetener of course.
https://www.theglobeandmail.com/report-on-business/shire-to-buy-baxalta-for-32-billion-forging-rare-diseases-leader/article28105034/
Heck, 6 months for a major deal like this seems fast to me.
EUO recently sold a division of the company for more cash than the market cap. Deal just closed last week. It also took half a year or so to close. And that was a tiny deal compared to this SU/COS deal.
BTW, if anyone is looking for a discount on cash, look into the EUO deal. They just got the upfront payment and now have more cash than the market cap by a large margin and virtually no debt. Do some DD and you will be amazed.
EUO