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DewDiligence

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DewDiligence

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Re: None

Friday, 05/09/2008 3:14:50 AM

Friday, May 09, 2008 3:14:50 AM

Post# of 257651
The NVS-IDIX standstill agreement expired yesterday (#msg-22707884). NVS is now free to increase its 56% equity stake in IDIX at any time.

Should NVS be interested in increasing its IDIX stake, there are two ways to go about doing it: i) to negotiate with IDIX’s BoD (#msg-28869752); or ii) to launch a tender offer.

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

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