May 1, 2017 / 5:46 PM / 6 months ago

BRIEF-Theranos reaches settlement with Partner Fund Management

May 1 (Reuters) - Theranos:

* Theranos reaches settlement with Partner Fund Management

* Theranos - Tender offer recapitalizing major shareholders scheduled to close May 15

* Theranos - Resolved two lawsuits brought against it by Partner Fund Management LP; PFM invested $96.1 million in Theranos in February 2014

* Theranos - Parties’ settlement will result in the dismissal of all claims by PFM against Theranos and its officers and directors

Source text - bit.ly/2pynxdF

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