BRIEF-Avid Bioservices to be acquired for $1.1 bln by GHO Capital Partners, Ampersand Capital Partners

Reuters

2024/11/07

Nov 6 (Reuters) - Avid Bioservices Inc :

* AVID BIOSERVICES TO BE ACQUIRED BY GHO CAPITAL PARTNERS AND AMPERSAND CAPITAL PARTNERS IN $1.1 BILLION TRANSACTION

* AVID BIOSERVICES INC: PROPOSED DEAL FOR $12.50 PER SHARE

* AVID BIOSERVICES INC: UPON COMPLETION AVID COMMON STOCK WILL NO LONGER BE LISTED ON ANY PUBLIC STOCK EXCHANGE

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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