What really surprised me is that CW refused to comment on any M&A activity - which would seem to be an implicit acknowledgement that it is on the table since certainly there are companies that do publicly disavow any interest in a merger as part of partnering.
IMO, CW said nothing surprising about potential M&A activity. The vast majority of companies/executives refuse to talk about M&A activity. If MNTA was seriously looking at selling it would have hired a banker and solicited offers. If MNTA received any serious unsolicited offers it would likely bring that news to its shareholders via PR/SEC filing or would hire a banker to evaluate the offer. A take-over of MNTA in the near future is not likely, IMHO.
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