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Zealand Pharma (ZEAL) announces “stalking horse” asset purchase agreement with Valeritas (VLRX)

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VLRX

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ZEAL

100%

Additional Information

Additional Relevant Details Zealand Pharma 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).
https://www.globenew...
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Strategic Initiative Date
Announcement Date:
Feb 09, 2020
Projected Implementation:
Q1, 2020
Relevance Tracked Until:
Q2, 2020
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Related Keywords Acquisition