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Monday, Sep 9
Theragenics' go-shop period ends without further bids
- Theragenics' (TGX) 35-day go-shop period has expired without the medical device company receiving another offer despite its advisers contacting 42 potential suitors before and during the seven-week time-frame.
- Theragenics has agreed to sell itself to Juniper Investment Company for $2.20 a share. A shareholder vote is due on October 17. The date of record is September 16.
- Shares closed at $2.18 on Friday, giving Theragenics a market cap of $68.1M. (PR)