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China Nuokang Bio-Pharma Given Board OK to Go Private

publication date: Sep 27, 2012
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China Nuokang Bio-Pharma has accepted a go-private offer of $5.80 per ADS that values the company at $114 million. The offer comes from Yuhuan Zhu, the wife of the company's chairman/CEO, along with Grand Enterprises Group Co., Ltd., which will own 55% of the company post-transaction. Grand Enterprise is a China investment company. Nuokang’s Board has recommended that shareholders vote in favor of accepting the offer. More details....

Stock Symbol: (NSDQ: NKBP)

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