Lifecore Biomedical Inc. (LCBM)

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Lifecore Biomedical Agrees to Be Acquired by Warburg Pincus for $17.00 Per Share in Cash
Tuesday January 15, 5:30 am ET

CHASKA, Minn.--(BUSINESS WIRE)--LIFECORE BIOMEDICAL, INC. (NASDAQ:LCBM - News) announced today that it has entered into a definitive agreement with affiliates of Warburg Pincus, the global private equity firm, to be acquired through a tender offer, followed by a merger, for a price of $17.00 per share in cash. The transaction, valued at approximately $239 million, is subject to the valid tender of a majority of Lifecore Biomedical’s fully diluted common shares, regulatory approvals and other customary conditions, but is not subject to any financing condition.

http://biz.yahoo.com/bw/080115/20080115005561.html?.v=1