Sirna Therapeutics (RNAI)

[docrew0]

Well that's a nice end to this story and I sold my shares in after hours. For those of you that wait this out you'll get $13 a share maybe more when the short covering begins. Good luck all.


Resumption ID
Halt
Date Halt
Time Issue
Symbol Issue Name Mkt Reason
Code Date Quote
Time Trade
Time
10/30/2006 16:38:30 RNAI Sirna Therapeutics Inc N T3 10/30/2006 17:05:00 17:10:00



4:35PM Sirna Therapeutics: Merck to acquire Sirna Therapeutics for $13/share (RNAI) 6.45 -0.04 : Merck (MRK) and RNAI announce that they have entered into a definitive agreement under which MRK will acquire RNAI. Under the terms of the agreement, MRK will acquire through a merger 100% of the equity of RNAI at a price of $13 per share in cash, making RNAI a wholly owned subsidiary of MRK. The transaction has a cash value of approximately $1.1 bln.