This is quite amazing!
Billionaire and former surgeon Dr. Patrick Soon-Shiong is a majority shareholder in American Pharma.
He also has a controlling interest in American BioScience.
By getting one to take over the other he has, in effect, created a windfall of $2.4 billion for himself.
Minority shareholders of American Pharmaceutical Partners get left holding the bag.
Only in America!
http://www.thestreet.com/_tsclsii/comment/investing/10262537.html
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