Replies to post #857 on Trius Therapeutics, Inc. (TSRX)

[kris_kade]

I don't think they need to wait for the 90% to pay cash to folks who tender within offer period as it will be illegal. However they need 90% to exercise so called top-off option to buy remaining shares either privately or from open market. This is where the risk is. Cubist may choose not to go after 10% which means these shares will be difficult to trade in Nasdaq.