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Message Boards Settings Nutraceutical Int'l Corp. (NUTR) - Quote Info
Company response-boo     20-Aug-09 02:52 pm    
Co acknowledges receipt from Ryan Drexler of an unsolicited letter dated August 18, 2009, outlining a proposal to acquire all of the outstanding shares of Nutraceutical's common stock. This proposal was identical in all material respects to a July 15 proposal made by Drexler that was carefully considered by the Board of Directors in consultation with its financial and legal advisors and determined to be not in the best interests of stockholders. The Board of Directors has confirmed its view that Drexler's proposal to acquire the Company is not in the best interests of Nutraceutical's stockholders... Note on Drexler previously announced proposal to acquire all of the outstanding shares of NUTR in a negotiated all-cash transaction of $10.75 per share.

Not much, but it triggered some buying. Company purchases, additional Drexler purchases or short covering. I am still waiting for opening it up for competitive buyout.


Sentiment : Strong Buy
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xhusker66

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Company response-boo
xhusker66 Not rated 20-Aug-09 02:52 pm  
 
Remember me? I used to traffic in this name. Also ...
Annualgain Rate it 20-Aug-09 03:55 pm  
 
Welcome back. I remember you. I'm all for s...
savinit4lat... (1 Rating) 20-Aug-09 05:35 pm  
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Nutraceutical International Corp. (NUTR)

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At 4:00PM ET: 11.55 0.00 (0.00%)
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