Acquisition of discounted cash flaw

Mergers & Acquisitions Basics  December 27, 2010 – 11:25 am
Table II: DISCOUNTED CASH FLOW

M&A– a company must have a strategic rationale for completing an M&A transaction. The goal should be to drive either an immediate or a near-term increase in shareholder value. Principle constituents of any M&A transaction – shareholders, employees, regulators, union leaders, credit rating agencies, equity research analysts, debt holders. Investment bankers have to render a fairness opinion to companies involved, ensuring that the transaction is fair from a financial POV.Every M&A transaction requires a due diligence process that investigates a company’s business in detail.

Merger – most common type of acquisition. Legal combination of two companies based on stock swap or cash payment to target company shareholders. (must have shareholder vote of 50% or more in favor.)

Tender Offer – acquiring a company by purchasing stock directly from shareholders. Does not require shareholder vote. A public offer by an acquirer to all shareholders of a target company to tender their stock for sale at a certain price during a certain time period. Typically initiated if target company’s board is not supportive of the acquisition. Much faster than a merger.

Source: Trade Practices

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Dr. Spencer's questions

Questions regarding Morgellons that I want to answer:
What is Morgellons Disease?
How is this known?
What are the symptoms?
What are the physical findings?
How long has it existed?
What is the geographical distribution?
Is it contagious? What is the evidence?
How is it contracted?
Where is it made and how is this known?
What Universitie...br /> What forms of DNA are associated?
What is the significance of the colored fibers?
What electrical phenomena/EMF are associated?
What nano computers are present?
What is the current treatment and what are the results?
What part does Lyme play?
What are the arthropod like entities that infest people?
Do we know what produces the cognitive impairment?

Patents expire after 5years

The company has to find a new use or formula for the drug and they can re-apply for another 5yrs.
Some companies IMO abuse this. I take Imitrex which has been on the market about 15yrs. But it still costs $27 a pill. Because they made an injectable version, a 100mg pill, and then re-formulated the product fom sumatriptan to sumatriptan succinate, all so no one can make a generic.
Yo...ere financial burder for others.
I'm not sure what, but something needs to change so companines can offer medicines at lower prices or something, if they will not allow their patent to expire. Or have more insurance plans cover brand name drugs without making the doctor & patient jump through hoops to get special approval, maybe.
Just my generic vs. brand name rant for the night :-)

White History - February 14


1946 ENIAC, the world's first electronic digital computer, was officially unveiled at the Moore School of Electrical Engineering at the University of Pennsylvania. ENIAC is short for Electronic Numerical Integrator and Calculator, and was conceived and designed by John Mauchly and J. Presper Eckert of the University of Pennsylvania.

1876 American inventors Elisha Gray and Alexander Graham Bell each filed patents for their version of a telephone.

After Patent on Genes Is Invalidated



ANDREW POLLACK
Published: March 30, 2010
"Many biotechnology stocks fell on Tuesday as investors struggled to understand the impact of a ruling that threw out parts of two gene patents and called into question thousands more."
"Stock market losses were muted, with two major indexes that track the shares of the industry falling by less than 1 percent each."
... patents held by Myriad Genetics covering two breast cancer genes, known as BRCA1 and BRCA2, were invalid."
"Myriad analyzes those genes in an expensive test that predicts whether a woman is at a high risk of getting breast or ovarian cancer."
"The plaintiffs in the case, which included various medical groups, said the patents on DNA were illegal and impeded access to the testing."

So anyway, the USA's intellectual property keeps

Getting siphoned off by china stealing trade secrets, patents, info. about how to build and maintain complex computer and military stuff (notice how suddenly they magically "pulled themselves into" the manned space scene?) via china's extensive cadre of "professional hackers."
according to america's "counter terrorism czar," richard clarke, he says that "every major company in america has ...orses, all ready to be activated on command, so we won't know what hit us. or what's already hitting us.
"my greatest fear," clarke says, is that rather than having a cyver pearl harbor event, we will instead have this death of a thousand cuts. where we lose our competitiveness by having all of our research and development stolen by the chinese."
(read this in a smithsonian article.)

IPO Amicus Brief Argues for Patent Eligibility of Myriad's Isolated DNA Claims …  — Patent Docs
Indeed, the Court cited Thomas Jefferson for the proposition that the patent laws should be broadly construed with regard to what is patent eligible, referencing the first Patent Act of 1793 and Jefferson's exhortation that "ingenuity should receive a …

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