I spoke to a Broker who was heavily involved
in Mayne with Teva deal. He told me Mayne
had not been on his watch list. First thing
he said was “ We thought they were going to
go broke !
If trying to buy market share with giveaways
and discounts continue with huge S and M
o/ heads. It will. I can’t quite fathom the irrational
logic of executive management flogging a Dead
Horse.
book value $7.60 per share, page-9
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