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samedison

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samedison

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Monday, 06/09/2008 5:35:02 PM

Monday, June 09, 2008 5:35:02 PM

Post# of 53
Thoughts on IVPH

NEW DEFINITVE MERGER AGREEMENT...
CytRx has agreed to acquire Innovive(IVPH) for total consideration of approximately $21.3 million plus the assumption of Innovive's liabilities. The transaction is expected to close in the third quarter of 2008 subject to customary closing conditions including regulatory clearance, approval by stockholders representing a majority of Innovive shares outstanding, and effectiveness of the registration statement that CytRx
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