Brief: Collegium To Acquire Biodelivery Sciences In An All-Cash Deal

Collegium Pharmaceutical

14/02/2022 12:15

Feb 14 (Reuters) - BioDelivery Sciences International Inc
 BDSI.O :
    * COLLEGIUM TO ACQUIRE BIODELIVERY SCIENCES IN AN ALL-CASH
DEAL
    * COLLEGIUM PHARMACEUTICAL INC - TRANSACTION IS VALUED AT
$5.60
PER SHARE REPRESENTING A TOTAL EQUITY VALUE OF $604 MILLION
    * COLLEGIUM PHARMACEUTICAL INC - COLLEGIUM WILL PROMPTLY
COMMENCE
A TENDER OFFER TO ACQUIRE ALL OUTSTANDING SHARES OF BDSI'S
COMMON STOCK
    * COLLEGIUM PHARMACEUTICAL - UPON COMPLETION OF TENDER
OFFER,
COLLEGIUM TO ACQUIRE REMAINING BDSI SHARES AT $5.60 PER SHARE
THROUGH SECOND STEP MERGER

Source text for Eikon:  ID:nGNX1HDYz6 
Further company coverage:  BDSI.O 

 ((Reuters.Briefs@thomsonreuters.com;))