Deutsche Bank analyst George Hill does not expect another bidder to emerge for Diplomat Pharmacy (DPLO) given the "more than fair" valuation paid by UnitedHealth (UNH). The analyst, who has a Sell rating on Diplomat, also expects little regulatory pushback. Diplomat exits at 14.9 times the analyst's estimated 2020 EBITDA, which he notes is a "significant premium" to the standalone value of the company.
These names in the biotech sector are seeing a substantial increase in search activity today, as determined by InvestingChannel. They include: Biohaven Pharmaceutical... To see the rest of the story go to thefly.com. See Story Here