Snowball Research

Snowball Research

MEI Pharma (MEIP) Enters into Agreement with Anson Funds and Cable Car Capital

Jul 05, 2024
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Key Summary: On July 17, 2023, Anson Funds and Cable Car Capital LLC (14.8%) filed materials to remove MEIP's Board, citing concerns over a transaction with Infinity Pharmaceuticals and refusal of an all-cash acquisition proposal. Despite the company's invalidation attempt on July 19, Anson and Cable Car planned to present their proposal. On July 23, th…

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