Hearing discussions have started. Not surprising and about time given the caretaker management that has been installed.
I seriously doubt IMGN would be trading around $16 if any info had leaked about a sale of the company. Maybe you own some May calls? If we see a rapid move back to $18, some large option and stock volume, I would entertain that thought.
Don't know who with. We should be seeing this climb next couple weeks as momentum builds.