Whilst your comment re GSK swallowing BTA whole is possible i think its not probable. It would be to risky for GSk to do it before finalisation of the court case. As you may be aware BTA management and shareholders blocked a takeover offer from Faroud Khan company a few years back. They are loyal shareholders. They have had to be. If GSK takeover attempted a takeover before the case was finalised what signal would that give to trial judge whom was presiding over the case?
If they were goingto take over BTA they should do it after a settlement or a loss in the court case to recoup the funds they would have to pay to BTA in either these scenarios.
Cheers
BTA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
