Navigation Links
Winner Medical Enters into Definitive Merger Agreement with Winner Holding Limited
Date:7/24/2012

ing day prior to the Company's announcement of its receipt of a "going-private" proposal.

Parent has a secured debt facility from DBS Bank Ltd., Hong Kong Branch, with which it is financing the transactions contemplated by the Merger Agreement.

The Company's Board of Directors, acting upon the unanimous recommendation of a special committee of the Board of Directors comprised solely of independent and disinterested directors (the "Special Committee"), approved and adopted the Merger Agreement and has recommended that the Company's stockholders vote to approve the Merger Agreement.  The Special Committee negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors.

The transaction, which is currently expected to close before the end of the first fiscal quarter of 2013, is subject to the approval of the Merger Agreement by an affirmative vote of stockholders of both (i) a majority of the outstanding shares of the Company's common stock and (ii) a majority of the outstanding shares of the Company's common stock not owned by Parent, Merger Sub, Mr. Jianquan Li or Ms. Ping Tse, voting in person or by proxy at a special meeting of stockholders of the Company. 

The Company will call a special meeting of its stockholders for the purpose of voting on the adoption of the Merger Agreement. If completed, the transaction will result in the Company becoming a privately held company and its shares will no longer be listed on The NASDAQ Global Market.

William Blair & Company, L.L.C. is serving as financial advisor to the Special Committee. Cleary Gottlieb Steen & Hamilton LLP is serving as U.S. legal advisor to the Special Committee. Winston & Strawn LLP is serving as U.S. legal advisor to the Company. Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal advisor to Mr. Jianquan Li. McDermott Will & Emery LLP is serving as U.S. legal advisor to William Blair & C
'/>"/>

SOURCE Winner Medical Group Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine technology :

1. Telemedicine, Teleradiology, and Telemonitoring Look Like Winners in the New Healthcare Economy
2. Data Intelligence Limited Recognized as Winner of 2012 Microsoft Life Sciences Innovation Awards
3. Lilly Diabetes Announces Once Upon A Time Contest Winner
4. Sterne, Kessler, Goldstein & Fox Selected by 15 Year Old Winner of Intel International Science and Engineering Fair
5. UBM Canon and MD+DI Proudly Announce 25 Innovative Products as Winners of the 2012 Medical Design Excellence Awards
6. StreamVenue Healthcare CEO Named Peoples Choice Winner
7. Winner Medical Group Inc. to Host Second Quarter 2012 Earning Conference Call on Thursday, May 10, 2012 at 9:00 p.m. EDT
8. Winner Medicals Special Committee Appoints Independent Financial Advisor and Retains Legal Counsel
9. No Medical Degree Necessary: An Easy Guide to Understanding Your Probiotic Supplement Label
10. TeNS Medical Services: Blogging for a Pain Free Future
11. Frost & Sullivan Recognizes Secant Medical as a Key Technology Enabler for Medical Implantable Textile Structures Design
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/30/2015)... MIRAMAR BEACH, Fla. , June 30, 2015  July ... our country,s declaration of independence, and the spirit and people ... For Heroes Foundation has partnered with USA ... cards, to help increase funding for programs that empower independence ... across the country, and help more people afford their prescriptions. ...
(Date:6/30/2015)... -- Research and Markets( http://www.researchandmarkets.com/research/pggcjf/global_endoscopy ) has announced ... Market 2015-2019" report to their offering. ... at a CAGR of 5.53% over the period ... be segmented into three based on products: endoscopes, ... be further segments in terms of application: arthroscopy, ...
(Date:6/30/2015)... , BERKELEY, Calif. and ... CMC Biologics, Inc. , a global ... and other therapeutic proteins, announced today that, as part ... completed the expansion of its North American manufacturing facility ... addition of a single-use Bioreactor 6Pack™ facility.  The Bioreactor ...
Breaking Medicine Technology:Hope For Heroes and USA Medical Card Make a Difference for Our Nation's Heroes 2Global Endoscopy Devices Market 2015-2019 - Key Players are Boston Scientific, Johnson and Johnson, Medtronic, Karl Storz & Olympus 2Global Endoscopy Devices Market 2015-2019 - Key Players are Boston Scientific, Johnson and Johnson, Medtronic, Karl Storz & Olympus 3CMC Biologics Expands GMP Manufacturing Capacity in the United States 2CMC Biologics Expands GMP Manufacturing Capacity in the United States 3
... Henry Schein , Inc., (Nasdaq: HSIC ), the largest ... Steven Paladino , the Company,s Executive Vice President and Chief Financial Officer, ... June 17, 2010 . The conference is being held at the Hyatt Regency ... , , ...
... BERLIN and BERGISCH GLADBACH, ... the worldwide release of the Viscover(TM),product line, offering researchers an unrivaled ... , , ... Viscover marks the result of a fruitful collaboration between Miltenyi,Biotec ...
Cached Medicine Technology:Henry Schein to Present at the Goldman Sachs 31st Annual Global Healthcare Conference 2Miltenyi Biotec Announces Release of Viscover(TM) Preclinical Contrast Agents for in vivo Small Animal Imaging 2Miltenyi Biotec Announces Release of Viscover(TM) Preclinical Contrast Agents for in vivo Small Animal Imaging 3
(Date:6/30/2015)... Los Angeles, California (PRWEB) , ... June 30, ... ... store that specializes in Middle eastern, Persian and Mediterranean foods and groceries. ... orders., Just in time for the BBQ season, http://persianbazzar.com added great ...
(Date:6/30/2015)... , ... June 30, 2015 , ... White Blitz ... expanding its suite of products to mobile teeth whitening entrepreneurs. Mobile teeth whitening is ... that offer convenience and a personal touch. The popularity of the industry has spawn ...
(Date:6/30/2015)... ... June 30, 2015 , ... Ticket Down announces that they have slashed prices across ... legendary Pantages Theatre. For the past 26 years, “The Phantom of the Opera” ... this musical, originally written by Gaston Leroux, and converted into a musical by Andrew Lloyd ...
(Date:6/30/2015)... ... , ... According to research by European archeologists that was recently discussed in ... hundred thousand years ago likely knew that eating a balanced diet and limiting smoke ... dental plaque, researchers were able to find evidence of plant fibers, in addition to ...
(Date:6/30/2015)... Santa Monica, CA (PRWEB) , ... June 30, ... ... release of its new YouTube video, “Fireside Convalescent Care Center.” The video informs ... create the video after continually seeing the need for those seeking care to ...
Breaking Medicine News(10 mins):Health News:Persian Bazzar Now Announces the Addition of Golden Star Food and Kitchenware to their website. 2Health News:Persian Bazzar Now Announces the Addition of Golden Star Food and Kitchenware to their website. 3Health News:White Blitz to Develop New Mobile Teeth Whitening Program for Entrepreneurs 2Health News:Phantom of the Opera Tickets at The Pantages Theatre in Los Angeles: Ticket Down Has Slashed Prices On All Phantom of the Opera Tickets in LA at The Pantages Theatre 2Health News:Recent Article Detailing Research on 400,000 Year Old Dental Plaque Shows Ancestral Understanding of Healthy Eating and Basic Oral Hygiene, Says Feiz Dental 2Health News:Recent Article Detailing Research on 400,000 Year Old Dental Plaque Shows Ancestral Understanding of Healthy Eating and Basic Oral Hygiene, Says Feiz Dental 3Health News:Fireside Convalescent Hospital Proves Itself as a Leading Care Center in New Video 2
... Cyclist Davis Phinney, Diagnosed with Parkinson,s Disease at ... The DiseaseMINNEAPOLIS, April 09 Medtronic, Inc. (NYSE: ... forces with the Davis Phinney Foundation to raise ... caregivers about how to improve their lives today. ...
... Ensign Group, Inc. (Nasdaq: ENSG ) announced ... in Ogden, Utah has successfully graduated from the Centers ... http://www.newscom.com/cgi-bin/prnh/20071213/LATH168LOGO )"It was a team effort, and ... we strive to make Mt. Ogden the Ogden area,s ...
... as little as $57 a monthSPRINGFIELD, Ill., April 9 ... College Illinois !(SM) , the state,s ... Incentive Program. With only a few weeks left to ... the decision to enroll easier by giving qualifying purchasers ...
... one of the Largest Union Votes at a Boston ... decades, workers unite for the best patient care, for their families ... St. Elizabeth,s Medical Center, the largest medical center in the Caritas ... election conducted by the National Labor Relations Board, by 73% to ...
... performance cell culture media components will reveal significant advantages of its ... 20-22 in San Francisco. , ... Fort Collins, CO ... culture media components used for mammalian cell culture will be showcased ...
... DIEGO, April 9 CardioDynamics (Nasdaq: CDIC ), the innovator ... fiscal first quarter 2009. Financial Highlights of First ... , , ... a 3% increase excluding large Eastern European hospital group sales in the ...
Cached Medicine News:Health News:Video: Davis Phinney Foundation and Medtronic Raise Awareness of How to Improve Your Life Today for Those Living With Parkinson's Disease 2Health News:Video: Davis Phinney Foundation and Medtronic Raise Awareness of How to Improve Your Life Today for Those Living With Parkinson's Disease 3Health News:The Ensign Group Successfully Graduates Third Nursing Home From CMS Special Focus Program 2Health News:57 (More) Reasons to Buy a Contract From College Illinois!(SM) 2Health News:57 (More) Reasons to Buy a Contract From College Illinois!(SM) 3Health News:More than 800 Workers at Caritas St. Elizabeth's Medical Center Make History with Vote to join 1199SEIU 2Health News:More than 800 Workers at Caritas St. Elizabeth's Medical Center Make History with Vote to join 1199SEIU 3Health News:InVitria Headlines Sponsorship of WilBio's Waterside Conference 2Health News:CardioDynamics Reports First Quarter 2009 Results 2Health News:CardioDynamics Reports First Quarter 2009 Results 3Health News:CardioDynamics Reports First Quarter 2009 Results 4Health News:CardioDynamics Reports First Quarter 2009 Results 5Health News:CardioDynamics Reports First Quarter 2009 Results 6
All welded construction for strength and durability. Choice of stainless steel or chrome plated models. One forward leg with caster for increased mobility....
All welded construction for strength and durability. Choice of stainless steel or chrome plated models....
Ideal for surgical procedures, these portable stands fit into tight areas for easy instrument access. Easy placement over patient....
Fixed chair back and armrests, electric lift with 8" (20.3cm) stroke, foot pedal control, choice of upholstery colors. Optional features: 15 tilt mechanism and footrest, locking rotation, sliding arm...
Medicine Products: