Alliqua BioMedical, Inc. Announces Closing of Celleration, Inc. Acquisition
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Alliqua (ALQA) Closes $30.4M Celleration Acquisition
June 1, 2015 9:27 AM EDTAlliqua (NASDAQ: ALQA) announced that it has completed its acquisition of Celleration, Inc. ("Celleration").
On February 2, 2015, Alliqua announced it has entered into an agreement to purchase Celleration for an initial purchase price of approximately $30.4 million, comprised of both cash and stock. The merger agreement provides for additional contingent payments in stock and cash, under certain circumstances, if stated revenue thresholds are reached over the next two years ending December... More
