Brief: Liminal Biosciences Confirms Receipt Of Unsolicited Non-Binding Transaction Proposal

Liminal BioSciences

05/04/2023 13:51

April 5 (Reuters) - Liminal BioSciences Inc:
    * LIMINAL BIOSCIENCES CONFIRMS RECEIPT OF UNSOLICITED
NON-BINDING
TRANSACTION PROPOSAL
    * LIMINAL BIOSCIENCES INC - SALP CURRENTLY OWNS
APPROXIMATELY
64.03% OF COMPANY'S CURRENTLY OUTSTANDING COMMON SHARES
    * LIMINAL BIOSCIENCES INC - RECEIVED A NON-BINDING PROPOSAL
FROM
STRUCTURED ALPHA LP
    * LIMINAL BIOSCIENCES INC - CONFIRMS THAT FOLLOWING CLOSE OF
MARKETS ON APRIL 4, 2023, BOARD RECEIVED NON-BINDING PROPOSAL
FROM STRUCTURED ALPHA LP
    * LIMINAL BIOSCIENCES INC - BOARD WILL REVIEW PROPOSAL TO
DETERMINE COURSE OF ACTION
    * LIMINAL BIOSCIENCES INC - PROPOSAL OUTLINING A POTENTIAL
TRANSACTION TO BUY ALL OF ISSUED AND OUTSTANDING COMMON SHARES
OF CO FOR $7.50 IN CASH/SHARE

Further company coverage:  LMNL.O 

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