Sientra shares plunged 23 percent in trading March 12, after the company announced a $60 million investment by New York health care investor Deerfield Management. The deal included convertible notes at a 3 percent premium over the company’s March 10 closing stock price, or $4.10 per share. The Goleta-based breast implant company plans to use…
This article is only available to Business Times subscribers
Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.