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DewDiligence

05/14/14 4:08 PM

#177924 RE: DewDiligence #170821

TSPT +5% on announcement of $1.33/sh special cash dividend:

http://finance.yahoo.com/news/transcept-declares-special-cash-dividend-120000533.html

The option of making a sizable (relative to the company’s market cap) cash distribution to shareholders was broached in a PR from Dec 2013 (#msg-94665658).

Even after today’s bump, TSPT is trading 23% below the $4/sh buyout offer from RTRX in Sep 2013 (#msg-92159356).