Opko Health Inc. (OPK), PROLOR Biotech Inc (PBTH): This Acquisition Offers a Major Arbitrage Opportunity, But Conditions Apply

In late April, biotechnology firm Opko Health Inc. (NYSE:OPK) announced that it would acquire Israeli pharmaceutical start-up PROLOR Biotech Inc (NYSEMKT:PBTH) in a stock-for-stock deal that currently...... (read more)