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PPCO Penwest Pharmaceuticals CO. (MM)

5.00
0.00 (0.00%)
23 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Penwest Pharmaceuticals CO. (MM) NASDAQ:PPCO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.00 0 01:00:00

Penwest Pharmaceuticals Shareholders Approve Merger With Subsidiary of Endo Pharmaceuticals

04/11/2010 8:23pm

PR Newswire (US)


Penwest (NASDAQ:PPCO)
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PATTERSON, N.Y., Nov. 4, 2010 /PRNewswire-FirstCall/ -- At a special meeting today, Penwest Pharmaceuticals (Nasdaq: PPCO) shareholders voted to approve the merger of West Acquisition Corp., an indirect wholly owned subsidiary of Endo Pharmaceuticals Holdings (Nasdaq: ENDP), with and into Penwest and voted to approve the "Agreement and Plan of Merger," dated Aug. 9, 2010, by Penwest, West and Endo.  

The merger became effective on Nov. 4, 2010.

Approximately 92.55 percent of the outstanding shares were voted in favor of the merger and the merger agreement. Penwest shareholders of record at the close of business on Sept. 24, 2010, were provided notice of the special meeting and were entitled to vote on the merger and the merger agreement.

SOURCE Endo Pharmaceuticals Holdings

Copyright 2010 PR Newswire

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