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Biotech / Medical : Genzyme Tissue Repair (GZTR)

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To: Knighty Tin who wrote (2518)3/6/2000 10:12:00 AM
From: Greg Jung  Read Replies (1) of 2553
 
Merger Alert: GZTR is involved in the 3-way to be
held with Biomatrix (BXM). Genzyme Biosurgery.

BXM holders get guaranteed
$37/share cash or 1 share in new company, GZTR get .335 share GZSP gets
.606 share. Based on $37 value GZTR and GZSP closed
at 26% discounts. GZTR opened up+1, dropped to
hit my bid at 9 1/2 :)
about 10 am and seems to have bounced back up.

BXM makes actual earnings and has increasing revenues from
new products.
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