Release date- 26082019 - CAMBRIDGE - The Board of Directors of
Merrimack Pharmaceuticals, Inc.(Nasdaq: MACK) (the 'Company' or '
Merrimack') today issued a letter to shareholders in connection with the Company's upcoming 2019 Annual Meeting of Shareholders (the '2019 Annual Meeting'), which is scheduled to be held on October 17, 2019.
In a letter to shareholders,
Merrimack (MACK) claims that activist hedge fund JFL Capital Management has "no plan for the company other than potentially pursuing risky transactions and conducting a redundant strategic process." The company also outlines a $500M shareholder value maximizing plan, stating: "
Merrimack is entitled to receive up to an aggregate of $450M in potential regulatory-based milestones from Ipsen S.A (IPSEY)., as well as up to approximately $54.5 million in potential milestone payments from 14ner Oncology, Inc.
26 to mark completion of the Pennichuck
Merrimack River Interconnection, a multimillion-dollar project that will provide year-round water supply to residents of Litchfield, Londonderry, Windham, Pelham and Hudson, many of whose private water supplies were contaminated per-and- polyfluoroalkyl substances, or PFAS, linked to the Saint-Gobain Performance plant in
Merrimack.
The attorney for appellant
Merrimack College, Elizabeth N.
BANKING AND CREDIT NEWS-April 11, 2018-HarborOne Bank,
Merrimack Mortgage combine to form HarborOne Mortgage
M2 EQUITYBITES-April 11, 2018-HarborOne Bank,
Merrimack Mortgage combine to form HarborOne Mortgage
US-based HarborOne Bank has said that it has consolidated its residential lending business with
Merrimack Mortgage, a wholly-owned subsidiary of the bank.
M2 PHARMA-March 1, 2018-First Patient Dosed in
Merrimack Phase 2 Clinical Study of MM-121 in Patients with Post-Menopausal Metastatic Breast Cancer
- US-based biopharmaceutical company
Merrimack Pharmaceuticals' (NASDAQ: MACK) previously reported one-for-ten reverse stock split of its issued and outstanding common stock will be effective for trading purposes as of the commencement of trading on 6 September 2017.
On May 4, a 67-year-old homeowner in
Merrimack, New Hampshire, fell off his roof while attempting to repair it.
Global Markets Direct's, '
Merrimack Pharmaceuticals, Inc.