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Biotech / Medical : Munch-a-Biotech Today

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To: nigel bates who wrote (2237)10/17/2006 9:01:16 AM
From: kenhott   of 3158
 
lol.

I especially like this part.

Headline from ICOS: "ICOS Shareholders to Receive $32 per Share in Cash, a 32% Premium Transaction Valued at $2.1 Billion"

32% you say.... ICOS shareholders will receive $32 in cash for each share of ICOS common stock, representing a 32 percent premium to the average closing price of ICOS' stock for the last ninety days.

A small clue why it took them so long to do this deal.
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