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Bullboard - Stock Discussion Forum 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 Discussion

TELESTA THERAPEUTICS INC > Endo connection re-emerging via Paladin Labs acquisition?...
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Post by rgonlyfactspls on Nov 05, 2013 7:08am

Endo connection re-emerging via Paladin Labs acquisition?...

Endo to Acquire Specialty Pharmaceutical Company Paladin Labs
MALVERN, Pa. and MONTREAL, Nov. 5, 2013 /PRNewswire/ --

  • Accelerates Endo's transformation to leading global specialty healthcare company and creates platform for future growth
  • Paladin Labs' proven Canadian franchise, robust near-term pipeline and emerging market business complement Endo's U.S. strengths
  • Combined company expects to grow presence in North America and internationally
  • Stock and cash transaction values Paladin Labs at $77.00 (CAD) per share
  • Expected to be immediately accretive to Endo's 2014 adjusted EPS

    https://www.endo.com/news-events/press-releases
Comment by peasoupfog on Nov 05, 2013 8:26am
This post has been removed in accordance with Community Policy
Comment by peasoupfog on Nov 05, 2013 8:36am
This post has been removed in accordance with Community Policy
Comment by Verta on Nov 05, 2013 8:40am
Is that why they hired a 64 yearold CEO?  Someone to steady the ship as they steer it towards a sale? I was thinking they would hire Wells - but this is starting to feel like we are being set up for a sale. 
Comment by 13PunterDog on Nov 05, 2013 9:19am
Exactly right. Wells, Rae and the new CEO ( forgot the name and really don't give two Sh#ts) all did big deals. Watch around the time of the submission to Health Canada.  Sale before submission=get the vaseline out for the railway ties. Sale after the submission= we get $.10 more. AH sale is just a ruse to keep us from thinking about our own "special" railway tie we are about to ...more  
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