TTPH now favors the proposed buyout offer from MLNT that was announced on 5/15/20 (https://seekingalpha.com/news/3574986-melinta-enters-fray-for-tetraphase-pharma-takeover-bid ), but today’s PR plainly seeks a sweetened offer from ACRX: https://ir.tphase.com/news-releases/news-release-details/tetraphase-announces-determination-superior-offer-and-notice