Ariad Pharmaceuticals Inc fka ARIA

[rumrunner528]

There is a very powerful message in the press release. This has become a chess match between HB and Denner.

Denner wants to make as much on his investment in as little a period of time as is reasonable.

HB wants to hold onto his kingdom and re-establish his damaged legacy.

As I see it, today HB has out foxed Denner. With the poison pill expiring in a year and a half and the certain knowledge that Denner will undoubtedly be able to rally the shareholders to take the most profitable action, HB needed a way of extending his runway. Not the cash runway, but the HB Kingdom runway.

The partnering does both. It extends the cash runway and makes Ariad far less attractive to any potential buyer.

So Denner, I have to give this round to HB while you and the rest of us shareholders get taken to the cleaners.

A very sad day for Ariad, its shareholders and the patients that would benefit from bringing the exciting Ariad compounds to their full potential.

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