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Replies to #17 on Celsion (cln)

findit

04/18/07 9:41 AM

#18 RE: Telephonics #17

CLN +14% to 5.00 on news - CLN spiking on news - 9:24 AM EDT April 18, 2007
CELSION CORPORATION (AMEX:CLN) today announced that it has entered into an Asset Purchase Agreement under which Boston Scientific Corporation (NYSE:BSX) will purchase the Company's Prolieve assets for $60 million, subject to reduction under certain circumstances. The Asset Purchase Agreement contains customary terms and conditions, including approval by Celsion's stockholders.