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Thermage affirms Reliant merger plan

This article was originally published in The Gray Sheet

Executive Summary

Radiofrequency energy-based aesthetic skin treatment device maker Thermage rejects unsolicited August acquisition proposal worth about $130 million ($5.50 per share) from an un-named third party. Instead, Thermage says Sept. 4 that it remains "fully committed" to its own previously planned purchase of laser-based skin treatment firm Reliant Technologies (1"The Gray Sheet" Aug. 25, 2008, In Brief)
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