INSV says $0.25/sh cash offer from undisclosed buyer is superior to QLTI’s all-stock offer announced in June (#msg-114403679): http://finance.yahoo.com/news/insite-vision-determines-unsolicited-offer-123000612.html QLTI has until the close of business on 8/26/15 to raise its offer if it’s still interested in acquiring INSV.