data2008-08-01T20:32:44-00:00Acambis PLC Discussiontag:iii.co.uk,2003:tst.4143011Re: Forgive my ignorancesorry, meant to say it is envisaged we will get our cash at the end of September.eagle512008-08-01T20:32:00-00:002008-08-01T20:32:00-00:00tag:iii.co.uk,2003:tst.4143010Re: Forgive my ignorancethe offer is all cash at 190p. I have received the documents through the post but haven't read them yet. Usually there is an EGM at which shareholders are called on to vote for or against the proposals. 75% is needed to approve the offer....eagle512008-08-01T20:31:00-00:002008-08-01T20:31:00-00:00tag:iii.co.uk,2003:tst.4142503Re: Forgive my ignoranceMany thanks...sulogras2008-08-01T14:53:00-00:002008-08-01T14:53:00-00:00tag:iii.co.uk,2003:tst.4142250Re: Forgive my ignoranceSulo, ...Bob the Lurker2008-08-01T13:08:00-00:002008-08-01T13:08:00-00:00tag:iii.co.uk,2003:tst.4141526Forgive my ignoranceI have a very small holding in Acambis, do I need to do anything in respect of what's currently happening? I haven't received any mail from anyone to suggest what course of action I need to take....sulogras2008-08-01T08:10:00-00:002008-08-01T08:10:00-00:00tag:iii.co.uk,2003:tst.4137277bid 190A buy at 185.75,no expenses,will generate a return of 9% annualised if bid takes 3 mths.This is what Hedge Funds do.IMHOthe wise owl2008-07-29T16:29:00-00:002008-07-29T16:29:00-00:00tag:iii.co.uk,2003:tst.4137218Re: bidThanks for the responses. I am not unhappy with the outcome despite what I say - I simply have a feeling the company is worth more to Sanofi than it has agreed to pay. In reality it was in a strong position to drive a hard bargain because the vaccines closest to market are already pledged to it and it won't have had much competion from the Acambis weaklings batting for shareholders....eagle512008-07-29T15:46:00-00:002008-07-29T15:46:00-00:00tag:iii.co.uk,2003:tst.4136996Not as irrevocable as you may think!I asked IR at Acambis and learnt that:...bhoddisattva2008-07-29T13:38:00-00:002008-07-29T13:38:00-00:00tag:iii.co.uk,2003:tst.4136961I asked IR at Acambis and learnt that:...bhoddisattva2008-07-29T13:22:00-00:002008-07-29T13:22:00-00:00tag:iii.co.uk,2003:tst.4136774Re: BID - 190p"A bird in the hand .." indeed, I agree, even though this probably only just about brings me to break even. ...Bob the Lurker2008-07-29T11:44:00-00:002008-07-29T11:44:00-00:00tag:iii.co.uk,2003:tst.4136659Re: BID - 190pEagle - you said...RedSock2008-07-29T10:35:00-00:002008-07-29T10:35:00-00:00tag:iii.co.uk,2003:tst.4135876Re: BID - 190pA bird in the hand ...........................numberbiter2008-07-28T18:29:00-00:002008-07-28T18:29:00-00:00tag:iii.co.uk,2003:tst.4135534Re: PS Re: BID - 190pThe more I think about this deal, the more it puzzles me. For a start, I see that Goldman Sachs, one of the holders irrevocably undertaking to sell to Sanofi, actually is the registered owner of 16% of the shares, yet it has advised the directors in connection with the bid. How can they meet the necessary independence rules? I know all about chinese walls, but it is difficult to see how the fact that GS owns these shares would not in some way affect its thinking. For all we know, GS may be holding the shares as nominee for Sanofi....eagle512008-07-28T14:43:00-00:002008-07-28T14:43:00-00:00tag:iii.co.uk,2003:tst.4134138Re: PS Re: BID - 190pOh well another one bights the dust....TheDrugsDontWork2008-07-26T18:09:00-00:002008-07-26T18:09:00-00:00tag:iii.co.uk,2003:tst.4134068PS Re: BID - 190pI see that there are irrevocable undertakings given by 42% of existing holders, so there is no chance of a counter bid.eagle512008-07-26T13:46:00-00:002008-07-26T13:46:00-00:00