General Comments / Chat, page-7202

wonder if I can add a new variable into a buy out price.

looking at similar transactions in the past, what was the highest % premium that BP was willing to pay.

for example -

abbvie (abb) bought pharamacyclics (pbc) for $21b.

pbc traded around $117 per share before the transaction. four years before the transaction it was trading at $5 a share.

the transaction was for $261 per share. I.e. a +\- 100% premium.

my layman conclusion is that for a block buster deal to occur the sp must start to move or a transaction date must be further in the further, if it would be huge.