Wednesday, May 24 2017 - 9:30pm
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Wednesday, May 24 2017 - 5:15pm
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Wednesday, May 24 2017 - 3:00pm
$TLN said the purchase price represents a 56% premium to the closing price of $9 per share on March 31, 2016, the last trading day before public reports of a potential sale, and a 101% premium to the 60-day volume-weighted average price of $6.95 per share through March 31. The transaction has a total enterprise value of approx. $5.2Bil.
$ANIK announced the enrollment of the first patient in its supplemental Phase 3 trial evaluating the efficacy and safety of CINGAL, its novel HA-corticosteroid combination viscosupplement for the treatment of symptoms associated with osteoarthritis (OA) of the knee.
DTE Biomass Energy, subsidiary of $DTE, acquired 2 landfill gas-to-energy projects in Texas, purchasing both the operating Fort Bend Power Producers, LLC facility just outside of Rosenberg and the Seabreeze landfill gas development project in Angleton. Construction of the Seabreeze plant is expected to commence next month.
$SAFM's St. Pauls, North Carolina facility is progressing well and the company expects to reach full production during 1Q18. Additionally, $SAFM is scheduled to begin construction of its new Tyler, Texas, facility in 3Q17 and expects to open the facility during 1Q19.