Xconomy San Diego

Amylin Urges Shareholders to Vote Blue

Juha-Pekka Tikka5/11/09

In a letter to shareholders today, San Diego’s Amylin Pharmaceuticals (NASDAQ: ALMN) urges them to vote for the company’s slate of directors on a blue proxy card. Amylin’s annual meeting will be held on May 27th. The diabetes drug developer asks shareholders to discard gold or white proxy cards with board candidates nominated by billionaire Carl Icahn or Eastbourne Capital Management. Amylin defends its policy in its letter, citing the opportunity of its exenatide diabetes drug, and criticizing Icahn and Eastbourne for “fundamentally misunderstanding” the company.

Add Your Thoughts

You will have 10 minutes to edit your post after you press publish.

Comments may be edited for clarity and length, rejected, or deleted.
By clicking "Publish," you are agreeing to these Terms and Conditions.

Links to This Post

  • Amylin Urges Shareholders to Vote Blue | Xconomy « Biotech Beach Bum

    5/12/09 10:51 am

    [...] Amylin Urges Shareholders to Vote Blue | Xconomy Closer to home, Amylin defends itself from takeover moves by Icahn and Eastbourne Capital Management, who urge sale to a big pharma buyer.  http://www.xconomy.com/san-diego/2009/05/11/amylin-urges-shareholders-to-vote-blue/ [...]

    

Business, life sciences, and technology news — covering Boston, Seattle, San Diego, Detroit, San Francisco, New York and beyond.

© 2007-2012, Xconomy, Inc. Xconomy is a registered service mark of Xconomy, Inc. All rights reserved.

Site produced by Andrew Koyfman with design from Rob Hunter.