Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
$CYTK, a company, released a statement regarding failed deal negotiations earlier this year. The company engaged in discussions with another party in good faith, but the acquisition did not proceed. CEO Robert Blum confirmed sale talks occurred late last year. Despite some criticism, the company's valuation is seen as vastly different now.
B[l]umping up my $CYTK size some more - the Jeff confer. disclosure is amazing - very seldom we see something like that - .. no idea why the deal falls apart in the last minute - but that's all water under the bridge now - valuation is vastly different vs the stk at 80,90,100 -…
$CYTK management got greedy, should have taken the offer after PH3 results. Still holding my position
$CYTK shares a explanatory (and defensive) statement on deal negotiations from earlier this year. Co. says it engaged in "good faith" discussions with another company re: a deal and that its board "was supportive," but 3rd party didn't "move forward with an acquisition." https://t.co/7EIhqmslRc