TITLE

Sorrento rejects $1B buyout bid from unnamed private equity firm

AUTHOR(S)
Taylor, Nick Paul
PUB. DATE
January 2020
SOURCE
FierceBiotech;1/28/2020, pN.PAG
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Sorrento Therapeutics has rejected a takeover offer from an unidentified private equity fund. News of the original bid sparked a surge in Sorrento's sagging stock price, but the board has ruled the offer undervalues the biotech.
ACCESSION #
141457764

 

Related Articles

  • A Billionaire Leaves No Will? Let the Plotting Begin. Ren, Shuli // Bloomberg Opinion;1/21/2020, pN.PAG 

    No abstract available.

  • Does Your Business Have Enough Adversity? Nielsen, Justin // Equipment Leasing & Finance;Jan/Feb2020, p56 

    No abstract available.

  • In Defense of Private Equity.  // Products Finishing;Jun2011, Vol. 75 Issue 9, p84 

    The article addresses the common misconceptions about private equity (PE) funds in the finishing industry in the U.S. According to the author, a PE-owned company offers great business opportunities and benefits to employees. It stresses that ownership change does not signify an alteration on how...

  • PPR To Sell Redcats' Kids', Family Divisions.  // WWD: Women's Wear Daily;1/ 4/2013, Vol. 205 Issue 3, p5 

    The article reports that brand holding company PPR is in the process of selling the children and family divisions of commercial company group Redcats, Cyrillus and Vertbaudent, to private equity fund Alpha Private Equity Fund 6

  • Altice secures financing for Dominican acquisitions.  // Latin America Telecom;Dec2013, Vol. 18 Issue 12, p12 

    The article reports on the implementation of the bond-heavy financing worth $1.685 billion by Luxembourg-based private equity fund Altice Group to back its parallel acquisitions of Orange Dominicana and an 88 percent stake in local telecoms provider Tricom.

  • Mason Wells Takes Over Sealed Air Unit. Noto, Anthony // Mergers & Acquisitions Report;11/18/2013, Vol. 28 Issue 46, p16 

    The article reports that private equity firm Mason Wells Buyout Fund III purchased the medical packaging division of Sealed Air for 125 million dollars.

  • Private Equity Firms Reportedly in Talks Seeking Petco Purchase. HIRSH, LOU // San Diego Business Journal;10/19/2015, Vol. 36 Issue 42, p5 

    The article focuses on reports about private equity firms who are seeking to acquire pet products retailer Petco Animal Supplies Inc. in Rancho Bernardo, San Diego, California.

  • Lion's Choice sold to private equity groups.  // Nation's Restaurant News;9/23/2013, Vol. 47 Issue 18, p8 

    The article reports that Red Lion Beef Corp., the parent company of the restaurant chain Lion's Choice, has been sold to private equity companies.

  • Tanzania launches first private equity fund.  // African Business News;5/1/2014, p9 

    The article offers brief information on the Mkoba Private Equity Fund from Tanzania's government.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics