Verenium Corporation (VRNM)

[Orvis]

From Market watch:

By Robert Daniel VRNM BP UK:BP. NEW YORK (MarketWatch) - Verenium Corp. /quotes/comstock/15*!vrnm/quotes/nls/vrnm (VRNM 3.90, +1.44, +58.53%) shares leaped 57% on Thursday after the Cambridge, Mass., developer of enzymes for industrial processes agreed to sell its cellulosic biofuels unit to BP Plc, /quotes/comstock/13*!bp/quotes/nls/bp (BP 37.08, +0.90, +2.49%) /quotes/comstock/23s!a:bp. (UK:BP. 401.75, +0.75, +0.19%) the U.K. integrated oil giant, for $98 million. The deal includes cellulosic biofuel facilities in Jennings, La., and San Diego. Verenium will retain its commercial enzyme business, including a technology platform for biofuels, as well as its right to develop its own lignocellulosic enzyme program. BP becomes the sole investor in Vercipia Biofuels, a 50-50 joint venture that BP and Verenium formed in February 2009. Galaxy Biofuels, which they also own 50-50, will be owned 100% by BP.


This differs with what you are saying.