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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.18-1.4%Nov 28 9:30 AM EST

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To: B.D. who wrote (16182)3/1/1998 10:31:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
BD, This is really out of my area, but LGND does have a poison pill provision to discourage hostile takeovers. I think that LGND shareholders would benefit more from this provision (unless LGNDW shareholders exercised early). Benefit is related to number of shares of LGND. I don't recall any provision tied to LGNDW.
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