BRIEF-Vanda Pharmaceuticals Rejects Cycle Group's Second Non-Binding Proposal

Reuters

2024/10/14

Oct 14 (Reuters) - Vanda Pharmaceuticals Inc :

* VANDA PHARMACEUTICALS CONFIRMS RECEIPT OF ECONOMICALLY IDENTICAL UNSOLICITED, NON-BINDING PROPOSAL FROM CYCLE GROUP HOLDINGS LTD.

* VANDA PHARMACEUTICALS INC - BOARD HAS DETERMINED THAT LATEST PROPOSAL IS NOT IN BEST INTERESTS OF COMPANY OR STOCKHOLDERS

* VANDA PHARMACEUTICALS INC - BOARD REJECTS CYCLE GROUP'S SECOND PROPOSAL

Source text for Eikon: Further company coverage:

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

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