Activist warns OraSure of ‘adversarial path’ on buyout, Reuters reports

Healthcare entrepreneur Ron Zwanziger warned OraSure (OSUR) today that he may take an “adversarial path” if the company continues to resist his acquisition offer, Svea Herbst-Bayliss reports, citing a letter seen by Reuters. OraSure rebuffed Zwanziger’s all-cash offer earlier in the the summer. Other investors have grown concerned and reached out to Zwanziger, the activist stated in the letter, according to Reuters. “If the Board is not willing to entertain a collaborative discourse, we will be left with no choice but to consider all alternatives available,” the letter said.