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


To: mopgcw who wrote (5369)1/9/2002 11:40:05 AM
From: Ian@SI  Respond to of 52153
 
RE IMCL

Yes the sale was related to the BMY tender and the same terms were available to the general public. However, the company gave select insiders loans to acquire shares after the BMY negotiations were underway but before they were publicly disclosed.

One class action suit was filed yesterday. I'd expect more vultures to join in soon.

I could be wrong.