Takeover Mania is Coming!!! Message Board

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Biotech / Medical : Takeover Mania is Coming!!!

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To: FiloF who wrote (44)	11/8/2005 9:14:57 AM
From: Arthur Radley	of 49

Biotech Serono gains on possible sale Hires Goldman Sachs to explore "strategic alternatives" By Steve Goldstein, MarketWatch Last Update: 7:37 AM ET Nov. 8, 2005 Disable MW live quotes \| E-mail it \| Print \| Alert \| Reprint \| LONDON (MarketWatch) -- Europe's leading biotech, Serono SA, surged in Swiss trading after the company signaled it's put itself up for sale. European-listed Serono (SRA: serono s a sponsored adr News, chart, profile Last: 16.44+0.16+0.98% 8:01am 11/08/2005 FinancialsMore SRASRA16.44, +0.16, +1.0%) shares were recently up 7.5% as the bank said it's hired Goldman Sachs Group to advise on "various strategic alternatives." It said there's no assurance that any transaction will be consummated. The company was responding to a The Wall Street Journal report that it's sizing up potential buyers, though it's not "desperate" to do a deal.

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