Endo's day numbered ?Interesting to follow Endo these days as they are in serious trouble. Walls have been closing in for years as debt was mismanaged.
I'm not suggesting that GUD will win anything here ... but ... if Endo goes into bankruptcy, you know Goodman will be looking for a steal-of-a-deal. It's all flesh and bones on the international side but what a story Goodman/Knight could tell for years to come - if they could snag it.
Chee puts it nicely as he states in his "Seeking Alpha" article ...
"With a weak balance sheet, lingering opioid lawsuits and the upcoming threat of a generic vasopressin competitor, the likelihood of a bankruptcy announcement [Endo] in the coming months is high."
This certainly wouldn't make or break GUD in any way (to win back the remaining bit of Endo International) but it is the kind of sport that Goodman enjoys.
EOM