SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Deeber who started this subject2/13/2002 8:53:09 AM
From: 613   of 2515
 
BMY seems to have played this pretty stupidly. They must have realized that their bluff was likely to be called. Maybe they just wanted to go on record as being strongly against some of IMCL's management so they don't get pulled into the lawsuits - lawyers will go after any deep pocket that has their name associated.
Don't count out the possibility that BMY will renogiate the deal at a later date.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext