Iomai shares surge on premium buyout offer

ibtimes.com     May 13, 2008            

NEW YORK (AP) - Shares of Iomai Corp. surged Tuesday after the biotechnology company said vaccine maker Intercell AG offered a buyout deal of $189 million, a sharp premium for the shares. The stock rose $3.42, more than doubling to close at $6.34, approaching Intercell's proposed buyout price of... [read full story]                    


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