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Stock Blog Hub
Aug 25
Comment
On Friday, Avigen Inc. (AVGN) announced that it will be purchased by MediciNova, Inc. (MNOV) for $1.24 per share in either cash or secured convertible notes. The deal has been valued at about $37 million.
Approximately $1.19 of the...
MarketWatch
Aug 21
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MarketWatch
Aug 21
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U.S. stock futures advanced on Friday ahead of data on existing-home sales and a speech from Federal Reserve Chairman Ben Bernanke.
FierceBiotech
Aug 21
Comment
MediciNova said today that it has finally worked out a deal to buy competing company Avigen for $37 million, or $1.24 per share. The deal represents a 7 percent discount tor Avigen's closing stock price on August 5. Under the terms of the...
FierceBiotech
Jun 26
Comment
After months of wrangling, MediciNova is close to completing a deal to acquire Avigen. The two companies have reached an "understanding" that values Alameda, CA-based Avigen at its liquidation price plus $3 million. And shareholders would have the...
MarketWatch
Jun 25
Comment
Biopharmas MediciNova and Avigen said they have reached an understanding on a deal under which Avigen shareholders receive consideration approximating Avigen's net cash liquidation value plus $3 million. Avigen shareholders would be able to...
New York Times
Mar 30
Comment
Score one for the biotech liquidators.
Avigen, a biotechnology company, is preparing to liquidate itself and return its remaining cash to shareholders. The company was pressed to do so by its largest holder, the Biotechnology Value Fund, The New...
New York Times
Mar 28
Comment
Avigen is one of several biotech businesses that have been under pressure from investors to liquidate after a setback.
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