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Re: hang ten post# 1315

Sunday, 07/24/2011 3:41:44 PM

Sunday, July 24, 2011 3:41:44 PM

Post# of 3167
So it might cost TDLPQ some money to go with Derma's offer?? Read below, unless this is no longer relevant:

In the event that Transdel accepted an alternative offer and terminated the asset purchase with Cardium, the agreement provides for Transdel to pay Cardium a $500,000 "break-up fee," plus certain expenses and costs.


http://finance.yahoo.com/news/Cardium-Announces-Plans-to-prnews-2789539505.html?x=0&.v=1

EDIT: apologies.. mistook Derma Sciences for DermaStar.. earlier!!!