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Obagi Medical Products Announces Agreement To Repurchase $35 Million of Its Shares And Commencement of A Secondary Offering BY Selling Stockholders

By TechAgreements

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LONG BEACH, Calif.?Obagi Medical Products, Inc. (NASDAQ: OMPI), a leader in topical aesthetic and therapeutic skin health systems, today announced that it has entered into an agreement with Stonington Capital Appreciation 1994 Fund, L.P. and The Zein and Samar Obagi Family Trust under which the Company is obligated to purchase an aggregate of $35.0 million worth of its common stock from these...

Full post as published by TechAgreements on November 15, 2010 (boomark / email).

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