Eddie Gray, CEO of DVAX announced today a Tender Offer from Ligand for $18.50 per Share plus Contingent Value Rights on the Commercialization of Heplisav equal to 45% of commercial sales within one year of December 31, 2016. Owners of securities as of Friday February 15, 2016 shall receive a separate tradeable CVR security with the symbol DPSHT.
Additionally, the Company will spin off its SD-101 and AZD-1419 into a new company with shareholders of record as of the close of business on February 11. 2016 will receive a spin-off share equal to 1-to-1 in the new DAZD Company............
Details at 11
IS THAT the type of PR you're looking for?
I'll take a Ticket on that one.... I HAVE THE "NO"
Why don't you "Make the Call"......... I'm passing THAT football to you.... I told ya'll yesterday $19.80-19.85 and then a Pull back and gave you where to....... NOW let's see if they want to force it to the $23 or $14
Pull Back from that $19.80 theory is $18.83 and extreme of $18.59.... If $19.80 level shows strong buying with no pull back it goes on thru to $23.65... The IBB/$NBI will determine that............ IMO.......
Also texted a buddy yesterday after the close that upon close inspection that today's low would be $17.85 to $17.95,,,,,,,,, He - like you obviously - didn't listen either.