CRIS, Curis (formerly CBMI) Message Board

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Biotech / Medical : CRIS, Curis (formerly CBMI)

CRIS 1.260

-3.8%

3:58 PM EST

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To: allen menglin chen who wrote (304)	5/13/2000 5:14:00 PM
From: lifeisgood	Read Replies (1) of 668

Let's re-evaluate the June merger deal again. Here is the Feb news about how the 3 companies should merge together. At that time, CBMI is priced to be ~$18 for the deal. better start with the right numbers. CBMI closed at slightly above $7 on 2/14 43 percent of 600 million divided by outstanding shares .43 X 600,000,000 divided by 38,239,000 = $6.75 Thus the deal prices CBMI at less than $7 rather than the 18 you referred to. best... LIG

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