ARTICLE | Financial News
Vivus planning follow-on after favorable Qnexa vote
February 29, 2012 2:07 AM UTC
Vivus Inc. (NASDAQ:VVUS) proposed late Tuesday to sell 8.5 million shares in a follow-on underwritten by JPMorgan. If sold at Tuesday's close of $21.26, Vivus would raise $180.7 million. Vivus was off $2.52 (11%) on the day. ...