Brief: Evercel Announces Rejected Offer To Acquire Newlink Genetics

Evercel

12/12/2019 22:50

Dec 12 (Reuters) - Evercel Inc  EVRC.PK :
    * EVERCEL ANNOUNCES REJECTED OFFER TO ACQUIRE NEWLINK
GENETICS
    * EVERCEL INC - ON NOVEMBER 25, EVERCEL HAS MADE ALTERNATIVE
OFFERS TO ACQUIRE NEWLINK, INCLUDING ONE FOR $1.75 IN CASH PER
SHARE
    * EVERCEL INC - NEWLINK'S BOARD TURNED DOWN CO'S OFFER
WITHOUT
EVEN ENGAGING IN ANY DISCUSSION WITH CO
    * EVERCEL -  BELIEVE NEWLINK'S MERGER WITH LUMOS PHARMA IS
NOT IN
NEWLINK SHAREHOLDERS BEST INTERESTS
    * EVERCEL INC - BELIEVE OUR CASH OFFER IS SUPERIOR TO
CURRENT ALL
STOCK LUMOS DEAL

Source text for Eikon:  ID:nGNXbbghRs 
Further company coverage:  EVRC.PK 

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