Liminal BioSciences Inc. stock is rallying 41.7% in premarket trades on Wednesday after the company said it agreed to go private at a price of $8.50 a share....
Liminal BioSciences Inc.
stock is rallying 41.7% in premarket trades on Wednesday after the company said it agreed to go private at a price of $8.50 a share. Structured Alpha LP, a fund managed by Thomvest Asset Management Ltd., agreed to acquire all of the issued and outstanding common shares of Liminal BioSciences that it does not already own. The price of $8.50 a share is a premium over the stock’s closing price of $5.
stock is rallying 41.7% in premarket trades on Wednesday after the company said it agreed to go private at a price of $8.50 a share. Structured Alpha LP, a fund managed by Thomvest Asset Management Ltd., agreed to acquire all of the issued and outstanding common shares of Liminal BioSciences that it does not already own. The price of $8.50 a share is a premium over the stock’s closing price of $5.
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