K-V Pharmaceutical (KVPHQ) Says Bankruptcy Court Approves Hologic (HOLX) Settlement

December 28, 2012 12:47 PM EST
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K-V Pharmaceutical Company (OTC: KVPHQ) (NYSE: KV-A) today announced that the U. S. Bankruptcy Court for the Southern District of New York, the Honorable Judge Allan L. Gropper presiding, approved the Company's settlement agreement with Hologic, Inc. (Nasdaq: HOLX), and authorized the Company to enter into an $85 million debtor-in-possession financing to, among other things, fund the settlement.

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