Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

Brought to you by

Tang makes unsolicited bid for Northstar; cancelled

Executive Summary

Venture capitalist Tang Capital Partners has made an unsolicited offer to buy the 82% of public company Northstar Neuroscience (neuromodulation devices) it doesn't already own for approximately $48mm. Northstar responded to the bid, stating the offer is not in the best interests of shareholders, and says it will continue to evaluate strategic alternatives.
Deal Industry
  • Medical Devices
    • Implantable Devices
Deal Status
  • Withdrawn
Deal Type
  • Acquisition
    • Partial Acquisition
    • Payment Includes Cash
    • Buy-out

Related Companies