Client Management Advisory Notices
To | Member Firms and Back Office Managers
From | Client Management Operations
Subject | OneChicago Single Stock Futures - Corporate Events Alert - Biogen Inc. - Proposed Merger
Notice Date | 2003-11-11
Notice Number | CE#0013
Effective Date |
On November 12, 2003 shareholders of Biogen Inc. (BGEN) will vote concerning a proposed merger with IDEC Pharmaceuticals Corporation (IDPH). If the merger is approved, the combined company will be renamed to “BIOGEN IDEC INC” and the trading symbol will become “BIIB”. Each share of BGEN common stock will be converted into the right to receive 1.15 BIIB common shares. The merger is expected to become effective on or about November 13, 2003. Please view the attached Corporate Events Alert Notice for more information. Thank you.