Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 6:09 PM
| This Slide: #88 of 100 |
Slide #88. Zealand Pharma A/S — Valeritas Holdings, Inc.
Acquirer:
Zealand Pharma A/S
Acquiree:
Valeritas Holdings, Inc. (NASDAQ:VLRX)
Details:
Zealand Pharma A/S (CVR-no. 20 04 50 78), a biotechnology company focused on the discovery and development of innovative peptide-based medicines, announces a bid to acquire substantially all assets from Valeritas Holdings, Inc. (NASDAQ: VLRX) for a total cash consideration of $23 million and the assumption of certain liabilities related to the ongoing business, pursuant to the terms of the "stalking horse" asset purchase agreement entered into with Valeritas (as described below).
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
