Week 5, where are we at?

To be honest I don't know if its week 5, 15 or 50 - such has been energy focused on this particular event.

I would class this phase as the discovery phase with all parties declaring their interests, staking their claims, having their assumptions tested whilst having look at how the other side are travelling.

I would wager that Qiagen did not expect that Cellestis shareholders were so involved and active in their Company and I am surprised that the Cellestis board did not advise them of the existence of the strong shareholder support for the Company.

This has the potential to be a productive phase; the media are now aware of the situation and the many secondary issues arising from the proposed acquisition.

Next step, the legals.