Synutra (SYUT) to be Acquired for $6.05/Share in 'Going Private' Transaction
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Synutra Enters into Definitive Merger Agreement for "Going Private" Transaction
November 17, 2016 4:01 PM ESTQINGDAO, China and ROCKVILLE, Md., Nov. 17, 2016 /PRNewswire/ -- Synutra International, Inc. (Nasdaq: SYUT), ("Synutra" or the "Company"), which owns subsidiaries in China that produce, distribute and sell nutritional products for infants, children and adults, today announced it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with Beams Power Investment Limited, a company with limited liability incorporated under the laws of the British Virgin Islands ("Parent"), and Beams Power Merger Sub Limited, a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), pursuant... More
