Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 190.43

-0.7%

Feb 6 3:59 PM EST

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To: Biotechnic who wrote (7411)	9/24/1997 2:51:00 PM
From: Henry Niman	of 32384

Biotechnic, Several have inquired about the private E-Mail on the JNJ/AGN acquisition. One of the E-Mailers read this board and gave me permission to post one of the E-Mails. He did ask that his E-Mail address be left off (which I would be glad to explain via E-Mail): <<< Henry, I've been reading your posts on AOL with much intrigue. I contacted a close friend of mine this afternoon (position deleted) at JNJ - (department deleted) inquiring into the AGN rumor. He said that AGN came up several tmes this week in his meetings. He got the feeling that the deal was a foregone conclusion. So your other sources appear to be correct on this deal going through. My buddy did not have any idea re: an announcement "time," but assumed it would be soon. I sent this info to you directly and not on the board as I have never posted anything there and did not want to appear as a grandstanding, rumor bug. Best of luck. <<< As I have posted previously, the E-Mailer has no prior track record with me, and of course I also know nothing about his friend. However, the information is consistant with the various reasons I mentioned previously regarding a buyout by JNJ. To me, a JNJ buyout makes sense for many reasons, including their interest in retinoids.

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