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

To: nigel bates who wrote (1864)	5/4/2005 9:35:43 AM
From: fred hayes	Read Replies (1) \| Respond to of 3158

Geez, I can't believe they can do that either. My assumption was that when they send out the stuff for voting they would finally disclose the rates. I don't think they can get away with selling the company without providng info that allows analyzing value. Sometimes stockholders get the right to go to court to challenge the value of a buyout, but I hadn't thought of that angle. If these rates are high enough to make a case of undervaluation, such "appraisal rights" could come in handy. I think that would be a better angle than hoping for a competing bid... fred hayes