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Wednesday, 09/26/2007 8:04:23 AM

Wednesday, September 26, 2007 8:04:23 AM

Post# of 346112
Here's what could happen to PPHM if the share price continues to falter. The split up value of PPHM with all their irons in the fire is much greater than current market cap. Poison pills won't matter if someone come along and offers to unlock the value.

From WSJ


Another hedge-fund shareholder is trying to force PDL BioPharma Inc. to sell itself.

Highland Capital Management LP sent a letter late yesterday to the Fremont, Calif., biotechnology company's board, calling for an auction and for the chairman, Patrick Gage, to resign.

http://online.wsj.com/article/SB119077524827739654.html?mod=hps_us_whats_news
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