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Biotech / Medical : Immunex -- Ignore unavailable to you. Want to Upgrade?


To: eric ross who wrote (621)12/14/2001 8:21:40 AM
From: quidditch  Read Replies (2) | Respond to of 656
 
WSJ reporting today's edition a $31-32 acquisition price. Some AMGN supporters say even that's too high, given dilution to earnings for the next 18 months. The price will go lower still if AMGN's stock price, post-acquisition announcement, continues south (80% of the acquisition consideration in AMGN stock, according to WSJ).

Having been in IMNX the last 6 months or so, I hope the deal doesn't go forward, but if AHP is committed, hard to see how it will not.

quid