Home > Updates > Taro Pharma: Letter from Grand Slam Asset

Taro Pharma: Letter from Grand Slam Asset

October 19, 2011 Leave a comment Go to comments

Grand Slam Asset Management has written a letter to Taro Pharma regarding the Sun Pharma offer price. We know that the offer of $24.50 is a discount to fair value of Taro. Similar to what happened to Caraco, I expect Sun Pharma to raise their offer once an independent committee does fair valuation for Taro.

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