Edition:
United States

PDL Biopharma urges Neos Therapeutics to provide update on sale process


Wednesday, 8 Nov 2017 08:00am EST 

Nov 8 (Reuters) - PDL Biopharma :PDL Biopharma's proposal to acquire Neos Therapeutics expires today; PDL urges Neos to provide update on sale process.Reiterated that its proposal to acquire Neos Therapeutics Inc for $10.25 per share in cash will expire today at market close​.Decided it will not extend deadline for, or otherwise alter, its proposal​.