Posted Aug. 1, 2011 at 8:16 a.m.
Icagen
Research Triangle Park, N.C. — Merlin Nexus and New Leaf Venture Partners, two firms holding Icagen stock, submitted a July 28 letter to the Icagen board contesting the deal, saying they "believe the purchase price dramatically undervalues Icagen's assets and is not in the best interests of all stockholders."Copyright 2013 MedCity. All rights reserved.
Two big Icagen shareholders oppose Pfizer bid
Post a comment
Print this blog postE-mail blog post
Share
Icagen
Research Triangle Park, N.C. — Merlin Nexus and New Leaf Venture Partners, two firms holding Icagen stock, submitted a July 28 letter to the Icagen board contesting the deal, saying they "believe the purchase price dramatically undervalues Icagen's assets and is not in the best interests of all stockholders."Copyright 2013 MedCity. All rights reserved.
Log in or upgrade to view WRALTechWire Insider content
To access this premium content and other benefits, become a WRAL TechWire Insider. Daily, monthly, and annual memberships available.
Please Log In to add a comment.
Best of TechWire Insider
OUR INSIDERS
WRAL TechWire Editor
The Skinny
Raleigh-based PRA International eyes public offering- Will lightning strike again for veteran entrepreneur Brian Handly at StepLeader?
- Raleigh app developer StepLeader lands $4.4M in first fund raiser
- IBM opens Linux center in China, says it will work with Red Hat
- Red-hot Raleigh startup WedPics hauls in $1.1M in funding
- New Triangle venture capital firm slowly emerging from shadows
- Titans of tech seek to excite UNC, Duke grads about a future beyond themselves
- Triangle politician tries to accelerate crowdfunding; bill passes first hurdle
- ChannelAdvisor seeks $80M, sets share target price for IPO
- IT job openings 28% below 2012 numbers, report shows