Month: August 2011

Merlin Nexus and New Leaf Venture Partners Continue to Contest Proposed $56 Million Acquisition of Icagen by Pfizer True Acquisition Cost to Pfizer Estimated at Approximately $22 Million, Yet Icagen’s Pain Programs Are Estimated to Be Worth $100-$165 Million Pfizer Possesses Information Not Available to Other Potential Acquirers PR Newswire NEW YORK, Aug. 25, 2011 NEW YORK , Aug. 25, 2011 /PRNewswire/ — Merlin Nexus and New Leaf Venture Partners (NLV Partners) have contested the terms of Icagen’s (Nasdaq: ICGN) proposed acquisition by Pfizer Inc (NYSE: PFE) in a letter filed today with the SEC […]

Youngevity Acquires Adaptogenix International, Direct Seller of Science-based Health and Wellness Products Deal Includes Pur3X™ Line of “Designer Beverages” PR Newswire SAN DIEGO, Aug. 25, 2011 SAN DIEGO , Aug. 25, 2011 /PRNewswire/ — Youngevity Essential Life Sciences, a global direct marketer of lifestyle and nutritional products and gourmet healthy coffee , announced today that it is acquiring Adaptogenix International, the Salt Lake City -based direct seller of a unique line of botanical-derived products […]

Nutrastar Announces Adoption of Share Repurchase Program PR Newswire HARBIN, China, Aug. 25, 2011 HARBIN, China , Aug. 25, 2011 /PRNewswire-Asia-FirstCall/ — Nutrastar International Inc. […]

Li3 Energy Teams With One of The World’s Largest Steel Manufacturers for Lithium Exploration Strategic Partnership includes up to $18Million to fund Maricunga exploration and development PR Newswire SANTIAGO, Chile, Aug. 25, 2011 SANTIAGO, Chile , Aug. 25, 2011 /PRNewswire/ — Li3 Energy, Inc., (OTC.BB.LIEG –News) (“Li3”, “Li3 Energy” or the “Company”), a US-listed and South American based global exploration company in the lithium and minerals sector is pleased to announce that it has executed a Securities Purchase Agreement with POSCO Canada Ltd […]

Saxo Bank Announces New Shareholder PR Newswire HELLERUP, Denmark, August 25, 2011 HELLERUP, Denmark , August 25, 2011 /PRNewswire/ — Saxo Bank is pleased to announce that TPG Capital, one of the world’s leading investment firms, will become a major shareholder in Saxo Bank. Following a purchase agreement signed yesterday, a TPG Capital affiliate will acquire a 30% stake in the Company (along with an option to increase its stake to 40%) from existing investors, including General Atlantic, a global growth investor and Banco Espirito Santo, a leading Portuguese bank, amongst others. The founders, Kim Fournais and Lars Seier Christensen will retain majority ownership and continue in their roles as CEOs, also in the event that TPG Capital exercises its option to acquire 40% […]