OPTN Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of OptiNose, to Paratek Pharmaceuticals
1. OptiNose proposed sale to Paratek at $9.00 per share is under investigation. 2. Deal valuation is significantly lower than analysts' targets of $15.00 to $18.00. 3. The agreed sale price is much below OptiNose’s 52-week high of $25.80. 4. Wohl & Fruchter LLP is assessing if the sale benefits shareholders. 5. The sale offers a contingent value right contingent on XHANCE's revenue.