Brief: Lianbio Confirms Receipt Of Unsolicited Proposal From Concentra Biosciences
Dec 1 (Reuters) - LianBio LIAN.O :
* LIANBIO CONFIRMS RECEIPT OF UNSOLICITED PROPOSAL FROM
CONCENTRA
BIOSCIENCES
* LIANBIO- PROPOSAL CONSISTS OF $4.30 IN CASH PER SHARE
* LIANBIO- PROPOSAL CONSISTS CONTINGENT VALUE RIGHT
REPRESENTING
RIGHT 80% OF NET PROCEEDS PAYABLE FROM ANY LICENSE OR
DISPOSITION OF CO'S PROGRAMS
Source text for Eikon: ID:nGNX1Bq2bj
Further company coverage: LIAN.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on LianBio
See all newsChina's Zeekr prices US IPO at top of range to raise $441 million (updated)
U.S. STOCKS ON THE MOVE-JetBlue Airways, LPL Financial, Nvidia
U.S. STOCKS ON THE MOVE-Bicycle Therapeutics, Molson Coors, LianBio
LianBio completes strategic review, cuts jobs; shares up
Brief: LianBio Announces Completion Of Strategic Review