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Tibet Pharma Plans to End Short Stint as Public Company

publication date: Feb 27, 2012
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Tibet Pharma announced – almost in passing – that it wishes to go private, ending its short career as a public company. The Chairman of the company, Hong Yu, offered $3 per each share of Tibet Pharma, which is more than four times its previous closing price of $.72. That is an impressive premium, but for investors, the downside is that the company floated its IPO just 13 months ago at $5.50. More details....

Stock Symbol: (NSDQ: TBET)

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