National Holdings gets buyout offer

|About: National Holdings Corp. (NHLD)|By:, SA News Editor

CB Pharma Acquisition Corp. is a bio-tech focused blank check company, but it's made an offer of $3.25 per share in cash for broker-dealer National Holdings (NASDAQ:NHLD). Shareholders may also accept $3.50 in common stock of CB.

NHLD closed last night at $2.60.

CB says it has the cash on hand to make the purchase.

Source: Press release

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