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Article: Thermage, Inc. Receives Retraction of Unsolicited Acquisition Proposal.
- Article from:
- PR Newswire
- Article date:
- September 15, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HAYWARD, Calif., Sept. 15 /PRNewswire-FirstCall/ -- Thermage, Inc. announced today that on Sunday, September 14, it received a letter retracting the previously announced unsolicited, non-binding proposal to acquire Thermage for $5.50 per share. In addition, Thermage reiterated its commitment to its pending merger with Reliant Technologies, Inc. and expects to close the transaction in the fourth quarter.
About Thermage
Thermage's innovative technology provides a unique non-invasive procedure designed to tighten and contour skin, significantly expanding the non-invasive aesthetic applications physicians can offer to the rapidly growing "anti-aging" ...