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Post by als57 on Mar 27, 2015 14:59:27 GMT -5
Has anyone seen any additional info on the 500,000 shares that Sanofi transferred to JPM for possible corporate use. It was a "hot" topic a month or so, but has since dropped off the table. Every time I posted this on Yahoo, gremlins removed it or deleted it before it appeared on the board. I don't know if it's significant or just a coincidence.
Apologies for posting under reply but I didn't know the correct place.
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Post by otherottawaguy on Mar 27, 2015 15:05:41 GMT -5
500k or 500M, think it was the latter.
1 for 1 swap for Afrezza (MNKD ownership) and you get to keep the extra share in MNKD Tech was the quick summary.
OOG |
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Post by mnholdem on Mar 27, 2015 15:41:06 GMT -5
It's the latter. 500 million SNY shares are deposited for future M&A activities, according to the info provided by Sanofi last year.
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Post by nemzter on Mar 27, 2015 15:56:09 GMT -5
500k or 500M, think it was the latter.
1 for 1 swap for Afrezza (MNKD ownership) and you get to keep the extra share in MNKD Tech was the quick summary.
OOG Now would be great so we can get in on the SNY dividend$ payment in May One can only dream ... |
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Post by dstevenson on Mar 27, 2015 17:11:29 GMT -5
i think this is most possible case, however it wont be a 1 for 1, maybe 2 for 1 and you get to keep mnkd.
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Post by cjc04 on Mar 27, 2015 18:08:19 GMT -5
500k or 500M, think it was the latter.
1 for 1 swap for Afrezza (MNKD ownership) and you get to keep the extra share in MNKD Tech was the quick summary.
OOG Now would be great so we can get in on the SNY dividend$ payment in May One can only dream ... LMAO,,,, that just made my day!!!!!!  They can keep the dividend if I'm getting $50 / share. |
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Post by otherottawaguy on Mar 27, 2015 19:41:56 GMT -5
CJC:
You should contact Sanofi investor relations and let em know, might be just the tipping point that we need ;-)
OOG
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Post by BlueCat on Mar 27, 2015 21:59:53 GMT -5
I thought there was some significant date associated with that 500M that has now passed. Sorry, memory does not serve.
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Post by mnholdem on Mar 27, 2015 22:30:11 GMT -5
Not sure about any date(s) but I think all of these SNY shares were re-deposited in New York several weeks ago as half-shares? I think there was a filing where you can get more info.
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