PDL BioPharma: Is CEO McDade On the Way Out?
posted on: June 20, 2007
| about stocks:
PDLI
Could Daniel Loeb finally get the head of PDL BioPharma (PDLI) CEO Mark McDade?
According to rumors yesterday, noted by Adam Feuerstein at RealMoney.com, PDLI will have a meeting with Loeb's Third Point LLC this week, and there is speculation McDade could be forced out.
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PDLI 1-yr chart
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