BRIEF-QLT terminates $20 million private placement

Mon May 2, 2016 7:24am EDT
 
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May 2 (Reuters) - QLT Inc

* QLT terminates $20 million private placement

* Private placement terminated after insite vision received takeover offer for approximate 100% premium over qlt's original negotiated price Source text for Eikon: Further company coverage: (Bengaluru Newsroom +1-646-223-8780)