Insayn
Jul 16, 7:01 PM
$ATAI reminds me of the
$MTSR setup: Pfizer had already signed a merger agreement with Metsera, yet 38 days later Novo Nordisk submitted a superior proposal and triggered a bidding war.
Lilly’s
$6.75 cash + up to
$2.50 CVR deal is signed, but ATAI can still consider an unsolicited superior offer before shareholder approval. No guarantee — but history shows a signed biotech deal is not always the final deal. 👀💎🙌
$LLY #Biotech #MergersAndAcquisitions
1 replies