BTG Share Price (BTG)

what's happening with this bid

Has anyone any information on the status of this takeover or is the issue done and dusted?
There was talk of a possible higher bid - just wondered if there was any update or rumour.
The fast approaching 5th April makes the timing of these things a problem.

I have held for years ,since Biocompatobles days, & this has been a great long term investment for me & 840p would give me a superb return .However.no one wants to sell any asset too cheaply & I am hoping that another bidder (or ideally more than one) will emerge early in 2019.Boston intend disposing of divisions surplus to requirement & ,IMHO,they are essentially asset stripping & will possibly be left with what they really want for almost nothing.I appreciate that it gives our Dame a great exit & enables her to semi retire a very wealthy lady who will then,no doubt,be inundated with interested Non Exec rules & improve the quality of her life substantially . I only hold around 25% of my highest holding but would prefer 900p + if that is what we are worth -so come on GSK etc-step up to the plate & pay the price for quality .

Just noticed the stock price move late today on good volume. Has that rather warm feeling of a counter bid coming doesn’t it?

If ,as has been suggested ,Boston are acquiring BTG as they want part of the company which only represents about 40% of value, I presume they will dispose of the parts which are surplus to requirement & hope to generate a profit on the disposals - essentially asset strip & keep the parts they want + profits on disposals.With the weaker £ it will cost them less in $ terms & there must be a fair chance of a counter bid to force the price up .Woodford & our Board may be happy with 840p but if we are worth 925p or more ,why would we not want it .Lets hope that slide rules 9 for our older readers) are being flexed as we speak