AHP PAYING $9.7 MIL FOR CYANAMID UNDER DEFINITIVE MERGER AGREEMENT
This article was originally published in The Tan Sheet
Executive Summary
AHP PAYING $9.7 MIL FOR CYANAMID UNDER DEFINITIVE MERGER AGREEMENT between the two companies announced on Aug, 17. The sweetened deal was agreed to the day after American Home Products attempted to pressure American Cyanamid into accepting a merger with a good-for-one-day-only offer of $100 a share. Cyanamid's management and board of directors finally agreed to a $101-a- share purchase price for the company.
You may also be interested in...
Supplement GMP Warning Letters Make Modest Debut In 2010
Finalization of a settlement between the Federal Trade Commission and Rexall Sundown regarding unsupported cellulite treatment claims for the firm's Cellasene dietary supplement hinges upon approval of two related class action settlements pending in California and Florida, according to FTC
In Brief
Combe sells most of its OTC brands
People In Brief
Perrigo promotes in pricing, planning