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MLNT - AcelRx beefs up offer for Tetraphase Pharma in effort to seal the deal
Melinta Therapeutics Inc - Ordinary Shares
Signaling its determination to close the deal amid rival offers, AcelRx Pharmaceuticals (ACRX-4.0%) has increased its bid for Tetraphase Pharmaceuticals (TTPH-8.3%) to $30M in cash and stock plus an additional $14.5M in cash payable under a contingent value right (CVR).
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