RE:RE:RE:RE:RE:RE:RE:RE:RE:Bayer looking for a "mid-size M&A transaction" in oncologyFox,
My theory, or rather long term dream:
some Big pharma buys on third of the company through a new class of non trading shares for 1.5 bil. Our share price moves to reflect a now 4.5 bil market cap.
They own 1/3 of ONCY and the right to be our exclusive partner. Then ONCY and the BP let BP design the trials and we pay our share. After further results, the BP buys the company at a price that had been conditionally agreed on in the past. Then we complete the sale for 8-10 bil with 2/3 of that going to the original oncy shareholders.
This could happen under competition for the ONCY assets.