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Re: lax20m post# 60223

Thursday, 02/26/2015 10:37:11 PM

Thursday, February 26, 2015 10:37:11 PM

Post# of 80490
Short version in the 2014 (Annual) 10K/A filing, pg 7, "Agreements with Dr. Denner and Sarissa". It references a more complete document, the Denner contract.

I haven't analyzed it all yet. It's presented as a concession to Denner but I it could be possible the ninth was an assist to the board to keep Denner in the minority.

Today's interesting DEFA14A is clearly Ariad mgmt. portraying Denner's 3rd nomination as a replacement for Schlesinger. A ninth board member is not mentioned as a consideration.

Have a read, look forward to your interpretations.

http://investor.ariad.com/phoenix.zhtml?c=118422&p=irol-sec

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