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Drug Co. Paratek's Officers Sued In Del. Over $462M Sale

Law 360 M&A

Former stockholders of drug developer Paratek Pharmaceuticals Inc.

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Paratek Pharmaceuticals Acknowledges Receipt of NexPoint Letter

Benzinga

BOSTON, June 27, 2023 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc. Paratek appreciates receiving constructive feedback from its stockholders and as such, has actively engaged with NexPoint over the past several months. About Paratek Pharmaceuticals, Inc. Paratek Pharmaceuticals, Inc.

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Second Leading Independent Proxy Advisory Firm Glass Lewis Recommends Paratek Pharmaceuticals Stockholders Vote FOR the Acquisition by Gurnet Point Capital and Novo Holdings A/S

Benzinga

The Glass Lewis recommendation follows the recent receipt of the recommendation from Institutional Shareholder Services Inc. ("ISS") Lead Independent Director of Paratek's board of directors (the "Board"). BOSTON, Sept. ISS") to vote FOR the transaction.

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Paratek Pharmaceuticals to be Acquired by Gurnet Point Capital and Novo Holdings

Benzinga

Transaction Provides Paratek Shareholders with Immediate Value and Liquidity Reflects Potential Value of $3.00 June 06, 2023 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc. Transaction Provides Paratek Shareholders with Immediate Value and Liquidity Reflects Potential Value of $3.00

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Gurnet Point Capital and Novo Holdings A/S Complete Acquisition of Paratek Pharmaceuticals, Inc.

Benzinga

21, 2023 (GLOBE NEWSWIRE) -- Gurnet Point Capital ("Gurnet Point") and Novo Holdings A/S ("Novo Holdings") announced today the completion of their acquisition of Paratek Pharmaceuticals, Inc. Chief Executive Officer at Paratek. "We CAMBRIDGE, Mass.,

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3 Firms Build $462M Sale Of Paratek Pharmaceuticals

Law 360 M&A

Commercial-stage biopharmaceutical company Paratek Pharmaceuticals Inc. said Tuesday that it will become a private company after agreeing to a purchase by Gurnet Point Capital and Novo Holdings A/S in a deal valued at roughly $462 million and steered by three firms.

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Paratek Investor To Withhold Board Votes, Citing Concerns

Law 360 M&A

Activist investor NexPoint Asset Management LP on Tuesday revealed its plans to withhold votes against all three Paratek Pharmaceuticals Inc.

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