$AGIO who likes the term "underwriting discount"? I wonder how high this discount will be. Usually SP will drop to meet the discount or below. The prospectus also says "However, because an indication of interest is not a binding agreement or commitment to purchase, Celgene and Ms. Fouse may determine to purchase fewer shares or not to purchase any shares in this offering." So statement is rather meaningless. May or may not. Rain or not. No firm commitment....putting lipstick on the pig....uhh offering.
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