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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (1281)7/14/2005 6:08:26 PM
From: MJ  Read Replies (1) | Respond to of 4814
 
Terry

The rights issued with the common stock do not trade unless 20% of the stock is purchased by an entity.

Comment from

President and Chief Executive John Maraganore called the plan a "prudent measure designed to safeguard the interests of our stockholders ... in the event of any proposed takeover of Alnylam, and to guard against partial tender offers, squeeze-outs and other abusive tactics to gain control of Alnylam."

Certainly a smart move imo-------if I owned a company with potential and value I would protect it also and that is what is being done by ALNY.

Glad to see a company revisit the use of rights.

mj