Quantcast Iomai Shares Surge On Premium Buyout Offerâ Â 51 Mins Ago - Congoo
 
 
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Iomai shares surge on premium buyout offer  51 mins ago
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CNBC  | May 13, 2008

NEW YORK - 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 $6.60 pe...
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