Thursday, June 18, 2009 12:14:38 PM
As I read it, if Takeda acquires 90% of IDM shares in the "tender" offer, the Merger Agreement with IDM with is "successful."
If the Merger takes place (and you still have shares of IDM) "your Shares will be automatically canceled and converted into the right to receive the Offer Price ... ." This is on page 6 of the "Offer To Purchase For Cash All Outstanding Shares of IDM."
Please read this for yourself. This just my own opinion.
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