• oneotherfool
    Last $MNK / $MNK post for the night, promise. As the story is developing, here's $MNK's comment on Citron's allegations quoted frm Form425.
    4/7/14
    Reply (5)
    • oneotherfool: "Mallinckrodt conducted extensive due diligence in relation to this transaction and believe that the fact we are moving forward with this
      4/7/14
    • oneotherfool: transaction speaks for itself."
      4/7/14
    • oneotherfool: My point here is that, prior to the last Citron's attack, $MNK was trading at $75-$80. So even if deal falls through (don't think it will)
      4/7/14
    • oneotherfool: , if the stock was still trading here, it would still be "cheap" given that an independant company performed extensive DD about $MNK to put
      4/7/14
    • oneotherfool: their money into it. That alone is the answer for the skeptics who took Citron's side of the trade.
      4/7/14