Source: StreetInsider

Press Release: NantHealth : NantCell, a NantWorks Company, to Acquire Altor BioScience

NantCell, Inc., a member of the ecosystem of NantWorks companies, today announced that it has entered into a definitive merger agreement to acquire Altor BioScience Corporation. Under the terms of the merger agreement, each share of Altor BioScience capital stock will be converted into the right to receive an upfront payment of $2.00 (payable in cash and/or NantCell common stock at the election of each Altor BioScience stockholder)

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Patrick Soon-Shiong's photo - Chairman & CEO of NantHealth

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Patrick Soon-Shiong

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NantHealth is a cloud-based medical Information Technology platform that enables medical professionals to share and deliver healthcare information. Read more