That com­pa­ny su­ing Patrick Soon-Sh­iong for $1B? Some­one's try­ing to buy it for $1B

Some­one is try­ing to buy Sor­ren­to Ther­a­peu­tics.

Af­ter years of watch­ing its tick­er de­cline dra­mat­i­cal­ly, the Patrick Soon-Sh­iong part­ner-turned-plain­tiff has re­ceived an of­fer from a pri­vate eq­ui­ty firm worth twice its stock price. The of­fer would pay $7 per stock, or rough­ly $1.15 bil­lion.

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