Gurnet Point Commences Cash Tender Offer for All Outstanding Shares of Corium International, Inc.
CORIUM INTL (CORI)
Last corium intl earnings: 8/9 04:01 pm
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US:NASDAQ Investor Relations:
ir.coriumgroup.com/investor-relations
Company Research
Source: Business Wire
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Gurnet Point L.P. (“Gurnet Point”) today announced that a wholly-owned indirect subsidiary of Gurnet Point, Gurnet Merger Sub, Inc., has commenced the previously announced cash tender offer to acquire all of the outstanding shares of common stock of Corium International, Inc. (“Corium”) (Nasdaq: CORI) at a purchase price of $12.50 per share, before deduction of applicable withholding taxes and without interest, plus one non-transferable contingent value right per share, which represents the contractual right to receive $0.50 per share in cash, before deduction of applicable withholding taxes and without interest, following approval by the FDA of the New Drug Application for Corplex Donepezil on or prior to March 31, 2020. The tender offer is being made pursuant to the definitive agreement and plan of merger, dated October 11, 2018, among Gurnet Holding Company, Gurnet Merger Sub, I
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