Qiagen would not comment but its spokesperson said that several brokers had noted that the acquisition price was expensive given that it was about 8.5 times Cellestis’ 12-month trailing revenue, although that may not be a fair comparison due to the target’s low market penetration.Is that or is that not a comment?
April 19, 2011
When no means yes.
Writing in the Australian Financial Review Shareholders May Sink Cellestis Deal Andrew Lau remarked that