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	<title>Comments on: MNOV to acquire AVGN for $1.24 per share; Greenbackd exits</title>
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	<link>http://greenbackd.com/2009/08/24/mnov-to-acquire-avgn-for-1-24-per-share-greenbackd-exits/</link>
	<description>Deep value, contrarian, and activist value investment strategies</description>
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		<title>By: GR</title>
		<link>http://greenbackd.com/2009/08/24/mnov-to-acquire-avgn-for-1-24-per-share-greenbackd-exits/#comment-1734</link>
		<dc:creator><![CDATA[GR]]></dc:creator>
		<pubDate>Mon, 24 Aug 2009 12:58:14 +0000</pubDate>
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		<description><![CDATA[What about this contingent payment right noted in the AP article?:

&quot;Avigen shareholders may also receive other payments as part of the deal. If the company gets a milestone payment from Genzyme Corp. in the 20 months after the closing of the sale, Avigen stockowners will get a share of the proceeds. If Genzyme gives up on the rights to products it licensed from Avigen and then MediciNova is able to sell or license them, Avigen stockholders then can get 50 percent of the proceeds.&quot;]]></description>
		<content:encoded><![CDATA[<p>What about this contingent payment right noted in the AP article?:</p>
<p>&#8220;Avigen shareholders may also receive other payments as part of the deal. If the company gets a milestone payment from Genzyme Corp. in the 20 months after the closing of the sale, Avigen stockowners will get a share of the proceeds. If Genzyme gives up on the rights to products it licensed from Avigen and then MediciNova is able to sell or license them, Avigen stockholders then can get 50 percent of the proceeds.&#8221;</p>
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