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To: dr.praveen who wrote (190)1/26/2012 11:47:53 PM
From: scaram(o)uche
   of 196
 
My reply sounded weird, and was meant to be praise for contributions by you, Peter, PB and others.

Good to hear that you did a $1 ----> $11. I once held it for about five minutes.

:-(

Best! Rick

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To: Arthur Radley who wrote (192)2/28/2012 4:43:28 PM
From: dr.praveen
   of 196
 
finance.yahoo.com 



Judge asked to delay Amgen acquisition of MicrometMicromet shareholders ask Delaware judge to delay acquisition by AmgenDOVER, Del. (AP) -- Shareholders of Micromet Inc. are asking a Delaware judge to delay the company's acquisition by Amgen Inc., the world's largest biotech company.





Amgen has offered $11 per share for Micromet, a Maryland-based developer of cancer therapies, in a deal valued at more than $1 billion.

But some Micromet shareholders are challenging the acquisition, alleging that Micromet's board rushed it through and did not adequately explore whether it could get a competing offer at a better price.

Attorneys for Micromet and Amgen argued at a court hearing Monday that Micromet reached out to several other companies, but none expressed interest in making a bid.

The judge heard more than two hours of arguments but did not immediately issue a ruling. A tender offer for Micromet shareholders expires at midnight Thursday.

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To: dr.praveen who wrote (194)2/28/2012 7:49:54 PM
From: Arthur Radley
   of 196
 
I think it's a little late for such action--if I remember the details, Amgen has already purchased at least 50% of the shares on the open market. My daughter is holding out for the full $11.00, but I've already sold my position.

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To: dr.praveen who wrote (194)3/1/2012 4:05:08 PM
From: Arthur Radley
1 Recommendation   of 196
 
The Delaware judge denied the motion for any delay------$11.00 is the price!

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