Savient Pharmaceuticals Inc (SVNT): Savient Pharmaceuticals files Ch...

10/14/13

Savient Pharmaceuticals Inc (SVNT): Savient Pharmaceuticals files Chapter 11
Seeking Alpha
Savient Pharmaceuticals files Chapter 11. Savient Pharmaceuticals (SVNT) files voluntary Chapter 11 petitions. The company is pursuing a sale under Section 363, with "stalking horse" bidder Sloan Holdings set to acquire Savient's assets for about $55M.

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