other implication of ventracor folding could be that it is seen as a reduction in competition, and in the current climate this could be an obstacle to the takeover. See CSL's recent failure of takeover of Talecris.
The current HIN SP sits well below the value of the takeover.
Current value of takeover at an AUD rate of 0.779 and a THOR SP of US$25.30 is AUD 1.087.
Not sure on the tax implications of the cash component though...
