Robert Faulkner
Robert Faulkner
element eliminated immediacy position
This eliminates J&J's negotiating position that immediacy is an important element of their deal. They've eliminated the time-value-of-money risk.
bid boston considered minimum pay testing whether
J&J made a bid that was the minimum bid to be considered in the game. Now Boston is testing whether they need to go higher. I think they will if they need to, but if $68 is J&J's price, why pay more now?
call
Why call police? It was a hit-and-run. I just wanted to get home.
boston forward merely moving offer official point proposed scientific
What they're doing is moving forward with the J&J process, which is at this point more official than the Boston Scientific process. Boston Scientific has not yet made an official offer for the company. They've merely proposed an offer.