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Sorry sbvb, Amgen cannot take a seat at the board because it...

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wolfofasx

837 Posts.

129

08/02/16

16:35

Post #: 16968952
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Originally posted by sbvb ↑

come on guys. if the deal was no good, Amgen would have walked away by now.
The deal is good for Amgen but they want the decks clear, which is exactly what a good
company does. That's how they made all their money. With 19.9% of the company they get
1. a blocking stake
2. seats at the board.

#2 makes me happy. They will make sure Unilife keep a tight ship right up to production

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Sorry sbvb, Amgen cannot take a seat at the board because it will create a conflict of interest to all the other pharmas, that's why there taking 19.9% and not 20% because then they can sit at the board

UNS Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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Sorry sbvb, Amgen cannot take a seat at the board because it...

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