Post by stcks on Apr 18, 2016 23:36:54 GMT
www.seekingalpha.com/article/3966001
...... While normally a new information technology company would undergo a lengthy period of time in scaling its operations, one of the unique advantages of IDI lies in some of its key backers. In particular, we must take a look at Dr. Phillip Frost, the current CEO of OPKO Health (OPK). As a billionaire investor who has built his fortune on making savvy acquisitions and mergers, Frost has proven his ability to marry companies together that can provide optimal synergies and stability.
For example, in his current company, Frost managed to unite together OPKO and Bio-Reference Laboratories Inc. in an all-stock acquisition. The result ultimately formed a profitable company with synergistic advantages that was purchased via an inflated stock propped up by Frost himself. After all, the billionaire has been purchasing large amounts of his own company's stock on a near daily basis for a little less than a decade.
...... While normally a new information technology company would undergo a lengthy period of time in scaling its operations, one of the unique advantages of IDI lies in some of its key backers. In particular, we must take a look at Dr. Phillip Frost, the current CEO of OPKO Health (OPK). As a billionaire investor who has built his fortune on making savvy acquisitions and mergers, Frost has proven his ability to marry companies together that can provide optimal synergies and stability.
For example, in his current company, Frost managed to unite together OPKO and Bio-Reference Laboratories Inc. in an all-stock acquisition. The result ultimately formed a profitable company with synergistic advantages that was purchased via an inflated stock propped up by Frost himself. After all, the billionaire has been purchasing large amounts of his own company's stock on a near daily basis for a little less than a decade.
