Tang Capital Partners, LP Announces Proposal to Acquire Northstar Neuroscience, Inc.
SAN DIEGO--(BUSINESS WIRE)--Tang Capital Partners, LP today announced that it has made a proposal to acquire Northstar Neuroscience, Inc. (NASDAQ: NSTR) in a negotiated transaction for a price of $2.25 per share in cash. The text of the letter sent to the Northstar Board of Directors making such proposal follows.