Can't imagine a bunch of guys who understand biotech voting for this merger. Thanks for clarification on the termination fee.
Considering the post-announcement #$%$ out of FHCO, the needed 2/3 FHCO shareholder approval is unlikely. Looks like Steiner & Co. will then get to walk away with $2.5mm breakup fee. What a waste of FHCO resources.
Mitchell Steiner was co-founder/CEO of GTXI until he departed GTXI on April 4, 2014. GTXI pps was "down & to the right" for several years before he jumped ship to start Aspen Park.