The fortunate thing is that Spectranetics will fall into IGT, the only division of Philips that has a clue. Be grateful the buffoons that run DI don't run IGT.
Could someone please tell me how Spectranetics bought something that recently sold for 250 - 300 million for 30 million then turns around and sells their entire company for 2 billion?
So did execs hear the rumor on Saturday or Friday when the market was open? Does it make a difference? And why hasn't the Phillips board reported their findings to the SEC?