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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: RT who wrote (21618)5/5/1999 8:40:00 AM
From: OmertaSoldier  Read Replies (2) of 23519
 
That is great news.

>>The aggregate settlement amount is $6 million. The settlement will be funded by insurance proceeds of $5.4 million and by the Company contributing 120,000 shares of VIVUS Common Stock to the settlement fund. <<

So, I take that the only thing that happened to Vivus is they increased their float by 120,000. Thats fine with me.

I have never held a stock that has put out an announcement of a settlement of a lawsuit, I am curious how the market will react?

Nice call VLAD.

LETS GO VIVUS!
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