Pre-Open Movers 5/29: Kosan (KOSN) Surges On Buyback, Evergreen …
Thursday, May 29th, 2008BMS and Kosan announced that they have signed a merger agreement for $5.50 per share (a 233% premium over Kosans previous day closing price of $1.65) in cash. After deducting the roughly $40M cash Kosan has in the bank, the price tag for BMS will touch $190 million. Something has to give, BMS loses patent [...]
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