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Biotech / Medical : Delta & Pineland Co.

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To: Joe Wesley who wrote (46)2/8/1999 12:28:00 PM
From: Rob C.  Read Replies (1) of 67
 
Am,

I heard a rumor that the deal will be closed by the end of March. A source has told me that everything is in place and they are waiting for the DOJ the give the final say.

This rumor was more or less confirmed by last week's release. I believe the arbs are now shorting MTC and going long DLP.

Regards,

Rob
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