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Finerman’s Fineprint: Genzyme

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Published: Monday, 22 Nov 2010 | 5:44 PM ET
Lee Brodie By:

Producer

Considering Genzyme's board rejected Sanofi's $18.5 billion takeout offer, if they want the deal to happen is the drug giant compelled to bid higher?

Finerman's Fine Print: What is a CVR?
A breakdown on contingent value rights.

Not necessarily.

According to Karen Finerman Sanofi could sweeten the deal another way - by adding so-called "contingent value rights."

What does that mean and how does it add value. Find out from the Chairwoman herself. Watch the video now!


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Trader disclosure: On November 22, 2010, the day this video was recorded, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Adami Owns (AGU), (C), (NUE), (MSFT), (INTC), (BTU), (GS); Weiss Owns (MEE), (TSN), (QCOM), (JWN), (UAL), (CYT), (DIS); Weiss Is Short (UNH) Calls; Weiss Is Short (LCRX); Finerman's Firm Is Short (IJR); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (IWM); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman Owns (AAPL); Finerman Owns (BAC); Finerman's Firm Owns (GENZ); Finerman's Firm And Finemran Own (HPQ); Finerman's Firm And Finerman Own (JCG); Finerman's Firm Owns (JPM) Leaps, Finerman Owns (JPM); Finerman's Firm Owns (SKS); Finerman's Firm Owns (TGT); Finerman's Firm Owns (WMT); Seymour Owns (AAPL), (BAC), (INTC), (IPI), (POT), (HPQ); Jon Najarian Owns (SNDK); Jon Najarian Owns (AKAM); Najarian Owns (CRUS), Is Short (CRUS) Calls

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Considering Genzyme's board rejected Sanofi's $18.5 billion takeout offer, if they want the deal to happen is the drug giant compelled to bid higher? Maybe not!
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