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Albany Molecular Research Inc announces early termination of HSR waiting period for acquisition of Oso Biopharmaceuticals Manufacturing

Monday, 23 Jun 2014 08:00am EDT 

Albany Molecular Research Inc:Says in connection with AMRI's proposed acquisition of Oso Biopharmaceuticals Manufacturing, LLC (OsoBio) was terminated by the United States Federal Trade Commission on June 20.Previously announced on June 2 AMRI entered into definitive agreement to acquire all of the outstanding membership interests of OsoBio for $110 mln in cash.Says early termination of the HSR waiting period satisfies one of the conditions to the proposed acquisition.Subject to satisfaction of other customary closing conditions, the transaction is expected to be completed in the third quarter of 2014. 

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0.59 +2.70%
21 Oct 2014