Tang Capital Offers $2.25/Share for Northstar Neuroscience (NSTR)

July 2, 2008 9:04 AM EDT

Tang Capital Partners, LP today announced that it has made a proposal to acquire Northstar Neuroscience, Inc. (NASDAQ: NSTR) in a negotiated transaction for a price of $2.25 per share in cash.

Northstar Neuroscience closed at $1.50 per share yesterday.


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