drulletje drie schreef op 23 december 2014 09:31:
Chris DeMuth, Jr. Positions For 2015: Banking M&A, Milestone Payments, Litigation Results
seekingalpha.com/article/2773105-chri...Thirdly, Retractable Technologies (NYSEMKT:RVP) is the plaintiff in an antitrust case against Becton, Dickinson (NYSE:BDX). I discussed this opportunity briefly in July on Seeking Alpha. Today, RVP’s market cap is about $125 million. While the litigation is complex, a key point is that BDX has already recorded a $340.5 million charge, an amount that they owe RVP which equates to well over two times the RVP market cap. This charge is a reasonable approximation of RVP’s value. The stock cost is up about 60% since I first wrote this up on Seeking Alpha, but it is still costs only about 37% of its litigation value. What is next for RVP? Mediation between the parties was scheduled for Friday December 19, 2014. This is a reasonably likely time for a settlement between the parties. BDX has until February 14, 2015 to comply with the court’s injunction. It was previously set for January 15, 2015, but was extended on December 18, 2014.