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DewDiligence

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Re: redfairway post# 30128

Thursday, 06/15/2006 4:36:27 AM

Thursday, June 15, 2006 4:36:27 AM

Post# of 257372
>Merck [KGaA] may use this money to bid for IMCL<

Merck KG has such a lopsidedly favorable deal with IMCL on the marketing of Erbitux that I find it hard to see how Merck gains from paying a premium to acquire the company. JMHO, FWIW

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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