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Post# of 113999
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nelson1234

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Re: RNsidersbuying post# 112337

Tuesday, 05/07/2024 2:59:23 PM

Tuesday, May 07, 2024 2:59:23 PM

Post# of 113999
VNDA ... Future Pak really wants 'em, ... Future Pak has boosted its acquisition offer for Vanda Pharmaceuticals (NASDAQ:VNDA) to include contingent value rights in addition to the previously announced increased cash consideration of $7.25 to $7.75 per share.

Vanda shares are up ~15% in Tuesday morning trading.

Future Pak said that its latest offer represents a total consideration of $11.62 to $12.12 per share. If full CVRs are exercised, it also represents a premium of 140% to 150% to Vanda's closing price of $4.84 on May 6.

The CVRs are valued at up to $260M, according to Future Pak.

Amazing Grace:

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