07:00 , Jun 2, 2014 |  BC Week In Review  |  Company News

Vivus, Aspen Investment Fund deal

Investment firm Aspen plans to submit by June 13 a non-binding offer to acquire Vivus for about $640 million, according to an SEC filing last week. The amount would value the company at $6.19 per...
07:00 , Jun 2, 2014 |  BioCentury  |  Finance

Vivus' mystery bidder

Aspen Investment Fund LLC appears to be trying to take advantage of the poor stock performance of Vivus Inc. (NASDAQ:VVUS), as the mysterious firm said it is mulling a bid to buy the biotech. On...
01:03 , May 29, 2014 |  BC Extra  |  Company News

Investment firm Aspen planning $640M bid for Vivus

Aspen Investment Fund LLC plans to submit by June 13 a non-binding offer to acquire Vivus Inc. (NASDAQ:VVUS) for a total consideration of $640 million, according to an SEC filing on Wednesday. The amount would...