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Biotech / Medical : Munch-a-Biotech Today -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (1479)2/20/2003 11:42:20 PM
From: Biomaven  Read Replies (1) | Respond to of 3158
 
Well the market sure didn't like this ENZN/NPSP announcement. It's not often you see both stocks involved in a merger dropping like this.

Seems like a 1+1=2 kind of merger to me. The market seems to be saying it's a 1+1=1.75 kind of merger. (Be interesting to look at the total market caps before and after the merger announcement to see if I got my fraction right.)

Peter