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CIAO OSI, CORTESEMENTE MI FAI UN AGGTO SULLE GENVEC..
GENVEC ANNOUNCES ENGAGEMENT OF FINANCIAL ADVISOR TO
EVALUATE STRATEGIC ALTERNATIVES
GAITHERSBURG, MD –
June 15, 2010 – GenVec, Inc. (NASDAQ:GNVC) today
announced that it has engaged Wells Fargo Securities, LLC to conduct a comprehensive
review of strategic alternatives aimed at enhancing shareholder value.
Strategic alternatives the Company may pursue could include, but are not limited to,
execution of the Company's operating plan, sale of Company assets, partnering or other
collaboration agreements, or a merger, sale of the Company or other strategic transaction.
There can be no assurance that the exploration of strategic alternatives will result in any
agreements or transactions, or that, if completed, any agreements or transactions will be
successful or on attractive terms. The Company does not intend to disclose developments
with respect to this process unless and until the evaluation of strategic alternatives has
been completed or the board of directors has approved a specific transaction.
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