Caraco (CPD) To Be Acquired by Sun Pharma For $5.25/Share
Caraco Pharmaceutical Laboratories, Ltd. (AMEX: CPD) has entered into a merger agreement with Sun Pharmaceutical Industries Limited, Sun Pharma Global, Inc, a wholly-owned subsidiary of Sun Pharma organized under the laws of the British Virgin Islands (Sun Global) and a newly-formed, indirect wholly-owned subsidiary of Sun Pharma incorporated in Michigan.
Under the agreement, Caraco shareholders will receive $5.25 per share in cash.
The Independent Committee was advised by William Blair & Company, L.L.C. as its independent financial advisor and Carrington Coleman as its independent legal counsel.
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Under the agreement, Caraco shareholders will receive $5.25 per share in cash.
The Independent Committee was advised by William Blair & Company, L.L.C. as its independent financial advisor and Carrington Coleman as its independent legal counsel.
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