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Ramius Offers To Enter Into Immediate And Exclusive Negotiations To Acquire Cypress Bioscience For $5.50 Per Share

By TechAgreements

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NEW YORK, Dec. 10, 2010 /PRNewswire/ -- Ramius V&O Acquisition LLC, a subsidiary of Ramius LLC (collectively, ?Ramius?), today announced that it has sent a letter to the Board of Directors of Cypress Bioscience, Inc. (Nasdaq: CYPB) outlining its willingness to acquire all of Cypress? outstanding Common Stock in a negotiated transaction for $5.50 per share.  The offer is conditioned upon Cypress...

Full post as published by TechAgreements on December 10, 2010 (boomark / email).

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