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Biotech / Medical : Corixa [CRXA] - cancer vaccines
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To: D.Lu who wrote (213)6/15/2005 5:42:22 PM
From: sjemmeri  Read Replies (1) of 222
 
CRXA, GSK, and the market collectively ignored the large shareholder who announced their intent to vote against the merger based on their valuation analysis, which is 30 % higher than the accepted offer. I actually bought some today on the notion that I can't lose anything more than the trading costs and maybe there's a slim possibility this shareholder can threaten enough trouble that the deal is sweetened. Probably won't happen but it's a reason to keep paying attention.

steve
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