10:39 AM EST - Neighbourly Pharmacy Inc. : Provides an update regarding the previously announced letter of intent entered into with an affiliate of Persistence Capital Partners (collectively, and together with their affiliated funds, "PCP"), in respect of a transaction whereby a newly-formed entity controlled by PCP would acquire all of the common shares in the capital of the Company, other than those Common Shares already owned by PCP or its affiliates, at a purchase price of $20.50 per Share, payable in cash. Neighbourly Pharmacy Inc.
shares T.NBLY are trading down $1.52 at $17.02.
