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Actelion announces definitive agreement to acquire US-based CoTherix, Inc.

Release Agreement

Actelion announces definitive agreement to acquire US-based CoTherix, Inc. You are currently viewing:
This Release Agreement involves

Actelion Ltd | US-based CoTherix, Inc

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Title: Actelion announces definitive agreement to acquire US-based CoTherix, Inc.
Date: 11/22/2006
Industry: BIOTRX     Sector: HEALTH

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Press Release dated November 20, 2006 of CoTherix, Inc

Exhibit 99.1

Pursuant to the Agreement and Plan of Merger between the parties, Actelion will commence a tender offer to purchase all the outstanding shares of CoTherix, Inc. for USD 13.50 per share on 8 December 2006. This offer is subject to customary conditions, including the tender of at least a majority of the shares of CoTherix common stock outstanding and clearance under the United States Hart-Scott-Rodino Antit

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