February 12, 2020 / 10:35 PM / 15 days ago

BRIEF-Akorn Announces New Extension Of Standstill With Lenders And Agrees To Pursue A Sale Of Its Business

Feb 12 (Reuters) - Akorn Inc:

* AKORN ANNOUNCES NEW EXTENSION OF STANDSTILL WITH LENDERS AND AGREES TO PURSUE A SALE OF ITS BUSINESS

* AKORN INC - AGREEMENT DEFINES PATH FORWARD TO EXECUTE A SALE OF AKORN’S BUSINESS, POTENTIALLY USING CHAPTER 11 PROTECTION

* AKORN INC - PLANS TO CONTINUE TO OPERATE AS USUAL THROUGHOUT SALE PROCESS Source text for Eikon: Further company coverage:

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