Fri, March 1, 2013
Thu, February 28, 2013
Wed, February 27, 2013
Tue, February 26, 2013
Mon, February 25, 2013
Sun, February 24, 2013
Sat, February 23, 2013
Fri, February 22, 2013
Thu, February 21, 2013
[ Thu, Feb 21st 2013 ] - Market Wire
Inorganic Growth of Healthcare
Wed, February 20, 2013
Tue, February 19, 2013
Mon, February 18, 2013
Sun, February 17, 2013
Fri, February 15, 2013
Thu, February 14, 2013
Wed, February 13, 2013
Tue, February 12, 2013
Mon, February 11, 2013
Sun, February 10, 2013
Fri, February 8, 2013
[ Fri, Feb 08th 2013 ] - Market Wire
Affordable Care Act

Cornerstone Therapeutics Inc. Announces Receipt of Take-Private Proposal From Its Majority Stockholder


//health-fitness.news-articles.net/content/2013/ .. vate-proposal-from-its-majority-stockholder.html
Published in Health and Fitness on Tuesday, February 19th 2013 at 22:01 GMT by Market Wire   Print publication without navigation


February 20, 2013 00:00 ET

Cornerstone Therapeutics Inc. Announces Receipt of Take-Private Proposal From Its Majority Stockholder

CARY, NC--(Marketwire - Feb 20, 2013) - Cornerstone Therapeutics Inc. (NASDAQ: [ CRTX ]) (the "Company") announced today that its Board of Directors has received a letter from Chiesi Farmaceutici SpA ("Chiesi"). In that letter Chiesi, which owns approximately 60% of the outstanding shares of the Company's common stock, made a proposal, subject to certain conditions, to acquire the shares of the Company's common stock that it does not already own for a cash purchase price of between $6.40 and $6.70 per share. 

The text of Chiesi's letter will be filed as an exhibit to a Report on Form 8-K to be filed today by the Company with the SEC.

The Company cautions its stockholders and others considering trading in its common stock that no decisions have been made by the Board of Directors with respect to Chiesi's proposal. There can be no assurance that any agreement will result from the proposal submitted by Chiesi or that any transaction based on Chiesi's proposal will be consummated.

About Cornerstone Therapeutics

Cornerstone Therapeutics Inc. (NASDAQ: [ CRTX ]), headquartered in Cary, N.C., is a specialty pharmaceutical company focused on commercializing products for the hospital and adjacent specialty markets. Key elements of the Company's strategy are to focus its commercial and development efforts in the hospital and adjacent specialty product sector within the U.S. pharmaceutical marketplace; continue to seek out opportunities to acquire companies, marketed or registration-stage products and late-stage development products that fit within the Company's focus areas; and generate revenues by marketing approved generic products through the Company's wholly-owned subsidiary, Aristos Pharmaceuticals, Inc. For more information, visit [ www.crtx.com ].



Publication Contributing Sources