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Biotech / Medical : CRLS - Chrysalis : Any followers ? Any comments ?
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To: Steve Lokness who wrote (40)3/23/1998 1:31:00 PM
From: BulbaMan  Read Replies (1) of 51
 
Quote below is from the 13D just filed by MDS with the SEC. Note especially the second sentence. It could be the reason for the jump in CRLS's stock price this morning.

"Representatives of MDS Inc. and its affiliates and
representatives of the Issuer have had preliminary discussions
concerning a variety of possible future arrangements, including
joint ventures, collaborative research projects, joint marketing,
and other collaborative business development initiatives or
strategic alliances. In addition, MDS Inc. and its affiliates
will evaluate whether it considers it appropriate at a future
date to propose to the Board of Directors of the Issuer other
transactions between MDS Inc. and its affiliates and the Issuer,
including but not limited to mergers and other transactions which
could result in the acquisition by MDS Inc. or its affiliates of
control of the Issuer. Any such transaction, if proposed, would
be subject to, among other things, the approval of the Issuer's
Board of Directors."
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