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


To: Flagrante Delictu who wrote (17271)3/12/1998 9:03:00 AM
From: WTDEC  Read Replies (2) | Respond to of 32384
 
Bernie, sorry if I was not clear. I'm wondering if LGND gives stock to LLY in payment for the drug (assuming that option is selected) with that stock valued at a 20% premium over the then market price of LGND stock. In other words, it would really be closer to $16 million after reflecting the premium. Hope this is a better statement of the question.

Regards, Walter