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Patent Law

: Patent Docs

King Pharmaceuticals Extends Tender Offer to Acquire Alpharma

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

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By Kwame Mensah --Last month, King Pharmaceuticals, Inc. announced that it is extending its previously announced tender offer for all outstanding shares of Class A Common Stock of Alpharma Inc. (representing a total equity value of approximately $1.6 billion and an enterprise value of approximately $1.4 billion) until 5:00 pm, Eastern time, on November 21, 2008. The offer however, could be further extended. The tender offer was originally scheduled to expire on Friday, October 10, 2008. All other terms and conditions of the tender offer remain unchanged.Alpharma Inc., headquartered in Bridgewater, New Jersey, is a global specialty pharmaceutical company active...

Full post as published by Patent Docs on November 19, 2008 (boomark / email).

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