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Posted On: 02/06/2020 9:52:39 PM
Post# of 27273
$ASRT - Big jump after hours
“With this transaction, our goal is to retire our outstanding debt and have approximately $50.0 million of cash on our balance sheet. We will use this new flexibility to pursue business development, strategic partnerships and investment opportunities with the goal of having our remaining business becoming cash flow and EBITDA positive by the end of the year,” said Arthur Higgins, President and Chief Executive Officer of Assertio.”
“With this transaction, our goal is to retire our outstanding debt and have approximately $50.0 million of cash on our balance sheet. We will use this new flexibility to pursue business development, strategic partnerships and investment opportunities with the goal of having our remaining business becoming cash flow and EBITDA positive by the end of the year,” said Arthur Higgins, President and Chief Executive Officer of Assertio.”
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