Aviragen not quite there with shareholder support for Vaxart tie-up; shares down 4%

|By:, SA News Editor

Aviragen Therapeutics (AVIR -3.8%) has postponed its February 13 special shareholders meeting in order to "provide [its] stockholders additional time to consider the revised deal terms" related to its proposed merger with Vaxart.

Under the terms of the original agreement, Aviragen shareholders would own ~40% of the combined company. Under the revised deal, reported two days ago, Aviragen shareholders would own 49% of the combined firm.

Previously: Aviragen to merge with Vaxart (Oct. 30, 2017)

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