CPEXCenter for Planning Excellence (Baton Rouge, LA)
CPEXCustomer Profile Exchange
References in periodicals archive ?
If CPEX closes the deal, it would be owned by FCB I Holdings Inc.
The completion of the deal follows approval by CPEX shareholders last month.
CPEX and FCB had entered into a definitive merger agreement on 4 January 2011, under which FCB would acquire all of the outstanding common stock of CPEX for USD27.
At the end of the trial, CPEX conducted a meal challenge which demonstrated significant reductions in the maximum concentrations of serum glucose in the Nasulin group versus placebo, as well as significant reductions in the overall glucose load during 60, 90 and 240 minutes after dosing.
The cash price per share is a premium of 142% over CPEX closing price on 7 January, the day before a third party announced intention to make an unsolicited bid for the company, CPEX added.
The transaction price reportedly represents a 142% premium over the price of CPEX shares on 7 January 2010, the day prior to the date a third party publicly stated its intention to make an unsolicited offer for the company.
CPEX said that earlier clinical studies of Nasulin indicated that the company's intranasal insulin candidate achieved a faster time to peak plasma insulin levels when compared to other approved rapid-acting insulin therapies, thereby more closely mimicking the natural response of the pancreas to meals.
Club Pilates is a terrific addition to the Cobble Hill section of Brooklyn", said Ryan Condren, Managing Director of the CPEX Retail Leasing Team.
The board of directors of CPEX, consistent with its fiduciary duties and the merger agreement with FCB I Holdings Inc, is expected to review the terms of the revised Mangrove letter as soon as practicable.
The board of US speciality drugs maker CPEX Pharmaceuticals (NASDAQ:CPEX) on Thursday reaffirmed its support for the USD27.