{"id":657713,"date":"2013-05-13T19:45:33","date_gmt":"2013-05-13T23:45:33","guid":{"rendered":"http:\/\/www.pehub.com\/?p=201746"},"modified":"2013-05-13T19:45:33","modified_gmt":"2013-05-13T23:45:33","slug":"theragenics-gets-buyout-offer-from-investment-firm-shares-jump","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/657713","title":{"rendered":"Theragenics Gets Buyout Offer from Investment Firm; Shares Jump"},"content":{"rendered":"

Medical device maker Theragenics Corp<\/strong> said it had received a takeover offer of $69.9 million to $71.4 million from Juniper Investment Co<\/strong>, representing a premium of 51-54 percent to its closing stock price on Friday.<\/p>\n

(Reuters) – Medical device maker Theragenics Corp said it had received a takeover offer of $69.9 million to $71.4 million from Juniper Investment Co, representing a premium of 51-54 percent to its closing stock price on Friday, Reuters said.<\/p>\n

The company’s shares rose about 36 percent to $2.03 in early trading on the Nasdaq. Juniper Investments is offering $2.25 to $2.30 per share in cash, Theragenics said.<\/p>\n

In a letter dated May 10, Juniper had offered Theragenics $2.05 to $2.10 per share. Theragenics said the latest offer represents a negotiated increase from the initial bid.<\/p>\n

It also said it would negotiate exclusively with Juniper through June 11 regarding the acquisition. If the two reach a deal, Theragenics would seek interest from potential suitors through a “go shop” provision, the medical device maker said.<\/p>\n

Theragenics is being advised by financial advisor VRA Partners and legal advisor Bryan Cave LLP.<\/p>\n

The post Theragenics Gets Buyout Offer from Investment Firm; Shares Jump<\/a> appeared first on peHUB<\/a>.<\/p>\n

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Medical device maker Theragenics Corp said it had received a takeover offer of $69.9 million to $71.4 million from Juniper Investment Co, representing a premium of 51-54 percent to its closing stock price on Friday. (Reuters) – Medical device maker Theragenics Corp said it had received a takeover offer of $69.9 million to $71.4 million […]<\/p>\n","protected":false},"author":7426,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-657713","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/657713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7426"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=657713"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/657713\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=657713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=657713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=657713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}