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Biotech / Medical : Munch-a-Biotech Today

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From: nigel bates	2/20/2013 9:00:52 AM
	of 3158

CARY, NC--(Marketwire - Feb 20, 2013) - Cornerstone Therapeutics Inc. ( NASDAQ : CRTX ) (the "Company") announced today that its Board of Directors has received a letter from Chiesi Farmaceutici SpA ("Chiesi"). In that letter Chiesi, which owns approximately 60% of the outstanding shares of the Company's common stock, made a proposal, subject to certain conditions, to acquire the shares of the Company's common stock that it does not already own for a cash purchase price of between $6.40 and $6.70 per share...

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