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ANI And Alimera Merger Moves Ahead Following Fleeting Legal Wrangle

Delay Was ‘Result Of Discussions For Closing Conditions,’ Which Have Been Resolved

 
• By Dean Rudge

With a date now in the diary for the merger to complete, ANI had insisted that it was working in good faith to close its June agreement with Alimera Sciences, which includes an upfront consideration of $380m.

Deal (Sergey Nivens/Shutterstock.com)
• Source: Shutterstock

ANI Pharmaceuticals and Alimera Sciences say they will close their previously agreed $380m+ merger before the market opens on 16 September, with the announcement coming just 24 hours after eye-disease specialist Alimera disclosed that it was suing ANI to compel completion of the deal.

In June, ANI agreed a cash price of $5

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