Metabasis Therapeutics, Inc.
Metabasis Announces Ligand to Acquire Metabasis for Cash and Contingent Value Rights
Published in Biotech Business Week, November 9th, 2009
Under the transaction, Metabasis stockholders will receive a cash payment at the closing of the transaction of approximately $3.2 million, less Metabasis' estimated net liabilities at closing and an amount to be deposited in the stockholders' representative's fund (Metabasis currently estimates the closing payment to be approximately $1.8 million in cash). In addition, Metabasis stockholders will receive for each Metabasis share four...
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