Synergy Pharma Negotiates, Locks In Ch. 11 Sale Procedures

By Alex Wolf (January 4, 2019, 9:40 PM EST) -- Synergy Pharmaceuticals Inc. received bankruptcy court approval Friday to move forward with an auction of its business in Chapter 11 after resolving objections raised by creditors and shareholders over its proposal to set a $200 million offer from Bausch Health Cos. Inc. as the stalking horse bid....

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