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As well, Cempra could well be a buyout target after Solithera is approved by the FDA. As recently as October 1, Cempra's share price was around $26. On October 27th, at the close of trading, Cempra released its Q3 earnings; it held its earnings conference calls that afternoon and filed its 10-Q report.
CNA and CNA Surety Sign Definitive Agreement for CNA to Acquire Public Minority Stake in CNA Surety for $26.55 Per Share. Fourth, Best wants to ensure that the level of funds previously committed to Continental under its prior agreement with Investors Partners is in fact infused in the near-term by CNA.