@ssi_investApr 8, 2026 · 8:55 AM

Tender offer for $TERN commenced. The expiration date is set for May 4, 2026.

@ssi_investMar 26, 2026 · 9:55 AM

$TERN, one of the wildest stocks of recent months, got bought by $MRK. As a reminder, TERN was a 7x bagger since November of last year. MRK is taking the company private at $53/share in cash. This should get done and close smoothly in Q2. But what a ride for TERN investors. https://t.co/sxcq9RBGTN

@jacobpliethMar 25, 2026 · 10:25 AM

@adamfeuerstein I've not run the numbers, so won't comment specifically on valuation, but: - $TERN early data at #ASH25 were outstanding. - companies have previously spent $6bn on far worse assets than TERN-701.

@adamfeuersteinMar 25, 2026 · 10:22 AM

Not here how to tell anyone how to do their business (well... maybe I am...) but $6B for $TERN seems cheap. Maybe what we heard from Lilly's Jake van Naarden last week is true, the sellers are delusional (and so are investors in said sellers?) Or, are buyers just unwilling to pay big premiums any longer? Maybe n=1 isn't enough to draw conclusions. Discuss...

@adamfeuersteinDec 8, 2025 · 8:05 PM

$BMY should buy $TERN $BMY needs to buy $TERN If everyone else can make M&A predictions on this site, so can I.