ImmunoGen Inc (IMGN)

[skitahoe]

I'm not aware of any Institution opposing the buyout, but I would suspect that there are discussions with both the legal firm that's opposing the buyout, as well as the company speaking to the major institutional owners. If the company senses that they don't have the votes they can probably delay the election. Of course if they get an improved offer, that would have to be divulged.

We should know something in less than two weeks. If the vote is positive, I don't know that it is the last word, there are still regulatory issues and I don't know that a legal challenge couldn't still be successful.

Gary