Durect Corporation has announced an update to its merger agreement with Bausch Health Americas, Inc. and BHC Lyon Merger Sub, Inc. The parties have agreed to amend the original agreement to extend the deadline for the commencement of the tender offer for all outstanding shares of Durect's common stock. The new deadline is now set for August 12, 2025, instead of the previously stated August 11, 2025. This amendment follows the initial merger agreement disclosed on July 29, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Durect Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-177114), on August 08, 2025, and is solely responsible for the information contained therein.
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