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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (5951)1/26/1999 4:36:00 PM
From: sam  Respond to of 6136
 
Personally, I would have liked to see a larger premium -- from today's closing price. Principals must have feared that the deal leaked, and that's why the trading was halted. AGPH's price probably would have gotten above 60 if a rumor had been more widely dispersed. Now, with a slight time premium, and if arbs short WL (as many have been doing anyway), AGPH will be trading in this range for some time.



To: Biomaven who wrote (5951)1/26/1999 4:37:00 PM
From: Henry Niman  Respond to of 6136
 
WLA will acquire AGPH for about $60 in stock. Details linked to Merger Mania page at biocognizance.com



To: Biomaven who wrote (5951)1/26/1999 4:37:00 PM
From: Steve Fancy  Respond to of 6136
 
Peter, I think many shorts may have taken their misery the other day in that odd drop. Funny how somebody always seems to have some up from knowledge.

sf