BMY (bristol myers squibb) Message Board

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Biotech / Medical : BMY (bristol myers squibb)

BMY 42.64

-0.4%

3:59 PM EDT

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To: Miljenko Zuanic who wrote (170)	1/6/2019 10:05:53 PM
From: Miljenko Zuanic	of 194

From other board: Subject 24574 < Message 31960602 > MF guy is lost in his math. finance.yahoo.com CELG management spent +$20B on three dug/candidates, and SHs will in return receive ~$6B (CVR=9$, and it is with big IF)!? So, who will pay difference? Management?? Instead, they are awarded with $+200M (give or take it few M here and there). So, yes, this may looks in surface bad deal for CELG SH (management/ BofD actuality did better spending $$$ on share-buyback),... but SHs should acted when there was still time. Actually, they did voted with "confidence", by drowning stock price to 60...

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