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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: B.D. who wrote (13398)1/15/1998 7:47:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
BD, Anyone who owns LGNDW can exercise them for about 7 1/8 (it was 20% above LGND's average price when they were issued) between now and June 3, 2000. I don't know the exact mechanics, but if you owned 1000 LGNDW you would pay Ligand about $7125 and they would issue you 1000 LGND (I don't know if this is done directly with LGND or through a broker).