Word: binning
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Last year bin Laden owned 13.5 percent of Hybridon and bin Mahfouz owned 13.3 percent, according to the U.S. Securities and Exchange Commission. Bin Mahfouz currently owns about 3 percent of the company, according to the Associated Press...
Seiler also defended Hybridon’s bin Mafhouz connection. Medical Science Partners, which specializes in early-stage life sciences investments, was founded in 1988 in association with Harvard University, and formed Hybridon...
...Mafhouz] is from a part of the family different from that which funds bin Laden,” Seiler said, adding, “Mahfouz was a 1993 investor in Medical Science Partners and bought stock through them and directly...
Seiler was quick to say that the Boston Herald was “using outdated numbers” when it reported on Tuesday a 16 percent holding for bin Laden and a nearly 12 percent holding for bin Mahfouz in the company...
Former NCB New York senior vice president and general manager Camille Chebeir is also on Hybridon’s board of directors, though Seiler said that Chebeir stopped working for the bank six years before it was linked to Osama bin Laden...