Societal CDMO Enters Into Definitive Agreement to be Acquired by CoreRx, Inc. [Yahoo! Finance]
Societal CDMO, Inc. (SCTL)
Company Research
Source: Yahoo! Finance
CoreRx to Commence a Tender Offer for all Outstanding Shares of Societal CDMO, Inc. CLEARWATER, Fla. and GAINESVILLE, Ga., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Societal CDMO, Inc. (“Societal CDMO”) (Nasdaq: SCTL), a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, today announced that it has entered into a definitive agreement with CoreRx, Inc. (“CoreRx”) under which CoreRx will acquire Societal CDMO. CoreRx will commence a tender offer to acquire all outstanding shares of Societal CDMO for $1.10 per share in cash, subject to any applicable tax withholding. Societal CDMO's board of directors unanimously approved the transaction and plans to recommend that all shareholders tender their shares in the tender offer. “We are pleased to enter into this transaction with CoreRx, which delivers substantial value to our shareholders and is the outcome of a thoro
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SCTL
News
- CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc.GlobeNewswire
- CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc. [Yahoo! Finance]Yahoo! Finance
- CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc.Business Wire
- SOCIETAL CDMO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Societal CDMO, Inc. - SCTLBusiness Wire
- Owning 36% shares,institutional owners seem interested in Societal CDMO, Inc. (NASDAQ:SCTL), [Yahoo! Finance]Yahoo! Finance
SCTL
Earnings
- 11/8/23 - Miss
SCTL
Sec Filings
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- SCTL's page on the SEC website