3SBio (SSRX +1%) says its entered into an Amendment to Merger Agreement with its Chairman and...

|About: 3SBio Inc. (SSRX)|By:, SA News Editor

3SBio (SSRX +1%) says its entered into an Amendment to Merger Agreement with its Chairman and CEO Dr. Jing Lou, along with private equity partner CITIC, for the sweetened offer of $16.70 per ADS from its previous offer of $15. The increase represents an approximately 8.4% premium to the original merger consideration.