Wednesday, March 13, 2013 8:00:46 PM
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March 16, 2009
OPKO Health, Inc. Announces Hart-Scott-Rodino Filing for Purchase of Shares by Dr. Phillip Frost
MIAMI, Mar 16, 2009 (BUSINESS WIRE) -- OPKO Health, Inc. (NYSE Alternext U.S.:OPK) today announced Phillip Frost, M.D., Chairman and CEO of the Company, has filed a Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR" Act), to allow him to purchase additional shares of OPKO Health's common stock.
Based upon Dr. Frost's recent purchases and possible future purchases, it is expected that his ownership percentage of OPKO will exceed 50% of the Company's outstanding stock. As a result, he is requesting clearance to allow such purchases under the HSR Act and the rules of the Federal Trade Commission relating to the HSR Act.
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