Author Topic: ONCE - Spark Therapeutics  (Read 4463 times)

SHDL

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Re: ONCE - Spark Therapeutics
« Reply #40 on: June 10, 2019, 03:47:41 PM »
I'm sure everyone who owns this already knows, but the FTC put out a second request for info and apparently UK regulators are now looking into this as well:

https://www.ft.com/content/aa626e68-8b46-11e9-a24d-b42f641eca37

The spread has now seriously widened, and I could not resist the urge to buy a few shares.


given2invest

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Re: ONCE - Spark Therapeutics
« Reply #41 on: June 10, 2019, 04:46:19 PM »
I sold a few weeks ago but not because I thought this wouldn't clear; it was because had a big drawdown and couldn't take the hit if it broke.  Just got lucky.  The fact they got a 2nd request is a big deal.  Options market still says 2/3 chance closes by end of year but that means its 15 up 30 down (according to options market).  The 2nd bidder at 105 might not be there anymore, especially if they have the same anti-trust issues Roche is having. 

It's still likely to clear.  But this wasn't supposed to be so difficult. 

SHDL

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Re: ONCE - Spark Therapeutics
« Reply #42 on: June 10, 2019, 06:20:01 PM »
But this wasn't supposed to be so difficult.

Yes, it seemed like there was quite a bit of capitulation, especially early in the morning, for this reason.

roark33

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Re: ONCE - Spark Therapeutics
« Reply #43 on: October 24, 2019, 12:51:06 PM »
Looks like FTC is giving the acquisition the green light.  Still a small spread.  Would assume timeline would be pretty fast at this point.