The details for the buyout of Chem RX [OTC CHRXQ] by PharMercia [NYSE PMC] could be released at closing bell today!
Two nice buys at the ask sent this stock back up 180% to .07 on very low volume.
Their are four major questions on everyone's mind today;
1. How much of the debt that Chem RX has is PharMercia going to assume?
2. How much Free Cash, after the debt will their be?
3. Will this money be used to pay back the shares?
4. What happens to the common shares?
Chem Rx Corporation signs "Stalking Horse' Agreement
SEE DD and Articles here!
