righto - clothes was a "bad" analogy but I am tired of the misinterpretation of worthlessness.
FIN101 says companies make project decisions based on NPV. so just because either a) it didn't meet Teva cutoffs OR b) in the middle of a 40b buyout the found higher comparative NPV projects.
yes, handing it back means it still needs to be funded, but we have a magical non-dilutive equity finance offer to do that!! but it also means Teva have significantly de-risked this investment to sunk costs.
I'm repeating myself, so I'm out.
righto - clothes was a "bad" analogy but I am tired of the...
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