Closure Medical Stockholders Approve Acquisition Agreement With Johnson & Johnson
June 02 2005 - 2:04PM
PR Newswire (US)
Closure Medical Stockholders Approve Acquisition Agreement With
Johnson & Johnson RALEIGH, N.C., June 2 /PRNewswire-FirstCall/
-- Closure Medical Corporation (NASDAQ:CLSR) today announced that
at a special meeting held today in Raleigh, North Carolina, its
stockholders approved the agreement pursuant to which Johnson &
Johnson will acquire Closure Medical for $27.00 per share. The
proposed transaction, which was announced on March 4, 2005, is
expected to close tomorrow, June 3, 2005, subject to the
satisfaction of the remaining closing conditions. About Closure
Medical Corporation Closure Medical Corporation is a global leader
in the development and manufacture of innovative biomaterial-based
medical devices that fulfill the needs of healthcare practitioners,
patients and consumers. For additional information on Closure
Medical visit its website at http://www.closuremed.com/. This
release includes forward-looking statements that are based on
assumptions about many important factors, including the
satisfaction of the conditions to closing; general industry and
market conditions; general domestic and international economic
conditions, such as interest rate and currency exchange rate
fluctuations; technological advances and patents attained by
competitors; challenges inherent in new product development,
including obtaining regulatory approvals; and the factors listed in
Closure Medical's most recent Annual Report on Form 10-K. As such,
they involve risks that could cause actual results to differ
materially. Closure Medical does not undertake to update its
forward-looking statements. DATASOURCE: Closure Medical Corporation
CONTACT: Joe Allen (investors), +1-212-691-8087, ; or Len Hall
(media), +1-949-474-4300, , both of Allen & Caron Inc; or Benny
Ward, CFO of CLOSURE Medical Corp, +1-919-876-7800 Web site:
http://www.closuremed.com/
Copyright
Closure Medical (NASDAQ:CLSR)
Historical Stock Chart
From Apr 2024 to May 2024
Closure Medical (NASDAQ:CLSR)
Historical Stock Chart
From May 2023 to May 2024