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  • Vanda receives offer from Future Pak LLC

Vanda receives offer from Future Pak LLC

Read time: 1 mins
Published:14th Jun 2024

Vanda Pharmaceuticals Inc. confirmed that it has received a revised unsolicited proposal from Future Pak, LLC to acquire Vanda for $8.50-$9.00 per share in cash plus certain Contingent Value Rights

Consistent with its fiduciary duties, and in consultation with its financial and legal advisors, Vanda's Board will carefully review and evaluate the revised, non-binding proposal to determine the course of action that it believes is in the best interests of the Company and its shareholders.

Type: industry

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