Author Topic: VRUS - Pharmasset Inc  (Read 1829 times)

shalab

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VRUS - Pharmasset Inc
« on: January 05, 2012, 11:31:45 AM »
VRUS is being bought out by GILD through a tender. The spread is roughly 4.5% now for Jan 11 and there is the possibility of extending the tender offer if adequate number of shares dont get tendered. Also, the market got spooked by a negative result for one of VRUS drugs. Seems to me that the deal will go through but your never know.
« Last Edit: January 05, 2012, 12:22:06 PM by Parsad »