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Old Posted Mar 29, 2010, 1:28 PM
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LeftCoaster LeftCoaster is offline
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Join Date: Nov 2005
Location: Toroncouver
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^ Cool stuff, I hope more BC entrepreneurs can get involved in green tech... there's a ton of money in it.

Quote:
Dragon Pharmaceutical signs deal to be taken private by chairman and CEO
By The Canadian Press

VANCOUVER, B.C. - Dragon Pharmaceutical Inc. (TSXDD) said Friday it has signed a deal to be taken private by its chairman and chief executive Yanlin Han.

Han, who is the company's largest shareholder with a 37.95 per cent stake, will pay 82 cents per share for the share he does not already own.

The deal values the company at about $55 million.

The offer Friday tops an offer Han made in January of 80 cents per share.

Dragon Pharmaceutical is a manufacturer and distributor of a broad line of antibiotic products.

Shares in the company were down two cents at 62 cents on the Toronto Stock Exchange.
http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b264784528
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