Cryo-Cell (CCEL) Confirms $1.50/Share Buyout Offer from PE Group; Rejects Bid Saying Co. 'Not for Sale at This Time'

Cryo-Cell (Nasdaq: CCEL) has just confirmed a receipt of an unsolicited buyout proposal at $1.50/share from a private equity group. The company has rejected the offer, saying that it is not for sale at this time.

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