Natrol (NTOL) To Be Acquired By Plethico Pharmaceuticals for $4.40/Share

November 19, 2007 6:49 AM EST

Natrol, Inc. (Nasdaq: NTOL) signed a definitive merger agreement under which Plethico Pharmaceuticals Limited of India will acquire all outstanding shares of Natrol’s common stock, $.01 par value, for a cash purchase price of $4.40 per share.

Natrol closed at $2.27 on Friday.


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