Seeking Alpha

Salix Pharmaceuticals to buy Santarus for $32/share

  • Salix Pharmaceuticals (SLXP) will acquire Santarus (SNTS) for $32/share, a 38% premium to today's close, valuing the company at ~$2.6B. (PR)
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Comments (2)
  • Growfast
    , contributor
    Comments (278) | Send Message
     
    Wow! Salix gets a great company but I was looking for the long-term ride in SNTS which is on a great track. Now, back to research on the combination to figure out if the ride continues.
    7 Nov 2013, 04:17 PM Reply Like
  • Red RuffnSore
    , contributor
    Comments (12) | Send Message
     
    Stock up, stock down. It doesn't seem to matter. The lawyers are already flying lazy circles over this deal. Yeah, I know, they're looking out for MY interests as a shareholder. How altruistic of them.
    8 Nov 2013, 09:30 AM Reply Like
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