IntercontinentalExchange Group (ICE) Won't Make offer for LSEG May 4, 2016 07:32AM

Intercontinental Exchange, Inc. (NYSE: ICE) provided the following statement.

On March 1, 2016, Intercontinental Exchange, Inc. (“ICE”), announced under Rule 2.4 of the City Code on Takeovers and Mergers (the “Code”) that it was considering making an offer for LSEG.

Following due diligence on the information made available, ICE determined that there was insufficient engagement to confirm the potential market and shareholder benefits of a strategic combination.... (continue reading...)


TearLab (TEAR) Prices $17.3M Stock Offering May 4, 2016 07:10AM

TearLab Corporation (Nasdaq: TEAR) announced the pricing of a public offering of the Company’s common stock, resulting in total gross proceeds of approximately $17.3 million. The offering is expected to close on or about May 9, 2016, subject to satisfaction of customary closing conditions.

The offering was priced at $0.75 per share of common stock (or common stock equivalent), with each share of common stock coupled with a warrant to purchase one-half of one share... (continue reading...)


UPDATE: Horizon Pharma (HZNP) Receives Three Additional USPTO Notice of Allowances Related to Diclofenac May 4, 2016 07:04AM (Updated - May 4, 2016 7:04 AM EDT)

Horizon Pharma (Nasdaq: HZNP) announced it received three additional Notice of Allowances from the United States Patent and Trademark Office (USPTO) for U.S. patent application numbers 14/705,715 (U.S. publication number 2015-0320702), 14/804,793 (U.S. publication number 2015-0366830), and 14/810,129 (U.S. publication number 2015-0328174) entitled "Treatment of Pain with Topical Diclofenac" that covers Horizon's U.S. approved... (continue reading...)


Moleculin Biotech (MBRX) Prices 1.4M Common Stock IPO at $6/Share May 4, 2016 06:59AM

Moleculin Biotech Inc. (Nasdaq: MBRX) announced that its initial public offering of a minimum of 1,400,000 shares and a maximum of 2,000,000 shares has priced at $6.00 per share, the upper end of the previously-filed $5.00 to $6.00 pricing range.

The Company expects the offering to close on or around May 20, 2016, subject to completion of the minimum offering and other customary closing conditions, and that its shares will begin trading on NASDAQ Capital Market under the... (continue reading...)


Danaher (DHR) Sets Date for Anticipated Completion of Fortive Corporation Spinoff May 4, 2016 06:56AM

Danaher Corporation (NYSE: DHR) announced that it expects to complete the spin-off of Fortive Corporation on July 2, 2016.

Upon completion of the spin-off, Danaher common stockholders will receive a stock dividend of one share of Fortive common stock for every two shares of Danaher common stock they hold as of the spin-off record date, which is expected to be June 15, 2016. Prior to consummation of the spin-off, Danaher will mail to Danaher common stockholders as of... (continue reading...)


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