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Post# of 640890
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hubey711

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hubey711

Re: None

Thursday, 11/04/2010 2:35:11 PM

Thursday, November 04, 2010 2:35:11 PM

Post# of 640890
SPPH- from the PR

Spencer Pharmaceutical Inc. (PINKSHEETS: SPPH) announced today that it has received an all-cash offer from a private equity firm.

According to the company, a private equity firm has provided the board of directors with an all-cash offer to acquire any and all shares of the company. The board of directors has agreed to keep the offer confidential until an investment bank can be mandated to review the offer, conduct an appropriate due-diligence and recommend a course of action.

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