Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.84

+3.8%

3:59 PM EST

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To: Pseudo Biologist who wrote (22002)	6/9/1998 10:28:00 AM
From: Andreas Helke	Read Replies (1) of 32384

I think that Ligand bought Seragen cheap enough to avoid dilution. There will be more Ligand shares. Together with the milestone payment it will be about 10%. But since there will be more revenue too and the Seragen shares disappear this does not dilute the Ligand stock. Andreas

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