Close

Transcept Pharma (TSPT) Rejects $4/Share Offer

Go back to Transcept Pharma (TSPT) Rejects $4/Share Offer

Transcept Pharma (TSPT) Responds to Request by Retrophin to Acquire Up to 15% Stake

September 30, 2013 8:47 AM EDT

Transcept Pharmaceuticals, Inc. (NASDAQ: TSPT) today announced that it had received a communication from Retrophin, Inc. stating that it owns 4.9% of the outstanding common stock of Transcept and seeking permission from the Board of Directors of Transcept to increase its ownership stake up to... More

Transcept Pharma (TSPT) Receives $4.00/Sh Offer from Retrophin

September 18, 2013 4:10 PM EDT

Retrophin, Inc. announced that it has made a proposal to the Board of Directors of Transcept Pharmaceuticals, Inc. (Nasdaq: TSPT) to acquire all of the shares of Transcept common stock that Retrophin does not own for $4.00 per share in cash. Retrophins proposal is conditioned on the completion of cursory due diligence and other customary provisions. Retrophins... More