Tuesday, April 24, 2007 2:06:57 PM
These bogus PRs seem to pop up every year. See this from last May :
http://www.telecentro.pt/forum/ler_questao.asp?qt=203&varid=3
"Lisbon - A source from Sonae SGPS said today that Sonae SGPS will launch a takeover to Combimatrix Corporation.This source was the same that said that Sonae SGPS will takeover SCICLONE PHARM (SCLN).
Sonae SGPS, will notifie next friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Combimatrix Corporation shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.
Sonae SGPS will launch a takeover bid for Combimatrix Corporation with the payment of $3.50 USD for each of the that responded to the tender offer, this initial offer could reach the limit of price of $4.15 USD for each share of the company."
etc., etc...
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