TITLE

Unnamed buyer scraps offer, Thermage affirms Reliant bid

PUB. DATE
September 2008
SOURCE
Medical Device Daily;9/16/2008, Vol. 12 Issue 198, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the anonymous bidder that made an unsolicited offer to acquire the aesthetic laser maker Thermage at $5.50 a share has retracted the offer. Meanwhile, Thermage has affirmed its pending merger with Reliant Technologies, saying it expects to close the transaction in the fourth quarter of 2008. Thermage's Stephen Fanning says the board believes that the Reliant transaction will enable the company to establish a global leadership position in the aesthetic device industry.
ACCESSION #
34372947

 

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