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Biotech / Medical : Biotechnology Value Fund, L.P. -- Ignore unavailable to you. Want to Upgrade?

To: RCMac who wrote (745)	6/22/1999 12:15:00 PM
From: aknahow	Read Replies (2) \| Respond to of 4974

Perhaps, I still don't understand. Nothing is more common than a company interested in another, acquiring stock in the target. Monsanto/Calgene, DuPont/Pioneer. These were friendly mergers. The existence of stock ownership of one company by another is used as a common method to make a first sifting of potential merger partners. The problem is it may take years before a merger is actually consummated. I mentioned TMO, which I followed for over 20 years as consistently buying positions in targets and then selling out if it could not do a friendly merger. Put my parents in they got out at the high, not because I was smart but because we are all mortal.