Harvard Bioscience Inc. Board Unanimously Rejects Skystone’s Offer to Acquire the Company

HOLLISTON, Mass.--(BUSINESS WIRE)--Harvard Bioscience, Inc. (NASDAQ: HBIO), a leading provider of tools to advance life science research, today confirmed that its Board of Directors had unanimously rejected an unsolicited written offer from Skystone Advisors LLC to acquire all outstanding shares of common stock not already owned by Skystone and its affiliates for $5.00 per share. Attached to this press release is the text of a letter from Chane Graziano, CEO of Harvard Bioscience to Ms. Nelson, the managing member of the Skystone funds, delivered today rejecting Skystone’s offer.
MORE ON THIS TOPIC