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Biotech / Medical : Cambridge Antibody Technology Group
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To: nigel bates who wrote (305)12/23/2002 12:04:49 PM
From: A.J. Mullen   of 625
 
Thanks for the reply. Those 588K shares are worth about Euro 4M, or 20-25% of Morphosys, which rose 36%.

Clearly the payments are substantial, so no rout. Clearly Chambre was serious about clearing the legal distractions. He's done the deals simultaneously so the other parties in separate disputes wouldn't know how eager he was to settle.
Ashley
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