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LION Bioscience AG (LEON) Receives Non-binding And Non-specific Take-over Respectively Purchase Offer


10/19/2005 5:13:06 PM

CAMBRIDGE, Mass. & HEIDELBERG, Germany--(BUSINESS WIRE)--March 24, 2005--In today's extraordinary shareholder's meeting the shareholder Ian Humphrey-Smith informed the audience and LION bioscience AG about a likely non-binding and non-specific take-over respectively purchase offer for LION bioscience AG respectively for its assets. Mr. Humphrey-Smith indicated that he would not act on his own behalf, but on behalf of a group of investors namely FM Fund Management Ltd. and Zapis Capital Group.

Read at BioSpace.com

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