Brief: Tang Capital Partners Says On Dec 26, Concentra, An Affiliate Of Tang Capital Partners, Sent Acquisition Proposal To Reneo Pharmaceuticals Inc

Onkure Therapeutics

26/12/2023 22:47

Dec 26 (Reuters) - Reneo Pharmaceuticals Inc  RPHM.O :
    * TANG CAPITAL PARTNERS, LP - ON DEC 26, CONCENTRA, AN
AFFILIATE
OF TANG CAPITAL PARTNERS, SENT ACQUISITION PROPOSAL TO RENEO
PHARMACEUTICALS INC
    * TANG CAPITAL PARTNERS LP - ON BEHALF OF CONCENTRA
BIOSCIENCES,
SUBMIT NON-BINDING PROPOSAL TO ACQUIRE 100% OF EQUITY OF RENEO
FOR $1.80 PER SHARE
    * TANG CAPITAL PARTNERS LP - INTEND TO ENGAGE IN DISCUSSIONS
WITH
RENEO PHARMACEUTICALS CONCERNING ACQUISITION PROPOSAL
    * TANG CAPITAL PARTNERS LP - NON-BINDING PROPOSAL TO ACQUIRE
100%
OF EQUITY OF RENEO FOR $1.80 PER SHARE IN CASH, PLUS CONTINGENT
VALUE RIGHT
    * TANG CAPITAL PARTNERS LP REPORTS 9.996% STAKE IN RENEO
PHARMACEUTICALS AS OF NOVEMBER 14


Further company coverage:  RPHM.O 

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