Brief: Lianbio’S Board Of Directors Unanimously Determines Not To Pursue Unsolicited Proposal From Concentra Biosciences

LianBio

06/12/2023 23:32

Dec 6 (Reuters) - LianBio  LIAN.O :
    * LIANBIO’S BOARD OF DIRECTORS UNANIMOUSLY DETERMINES NOT TO
PURSUE UNSOLICITED PROPOSAL FROM CONCENTRA BIOSCIENCES
    * LIANBIO: PROPOSED DEAL FOR FOR $4.30 PER SHARE IN CASH
    * LIANBIO - BOARD UNANIMOUSLY CONCLUDED THAT PROPOSAL
UNDERVALUES
COMPANY AND IS NOT IN BEST INTERESTS OF LIANBIO OR ITS
SHAREHOLDERS

Source text for Eikon:  ID:nGNX6B0LsQ 
Further company coverage:  LIAN.O 

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