April 10 (Reuters) - BioDelivery Sciences International Inc :
* BROADFIN CAPITAL LLC REPORTS 7.3 PCT STAKE IN BIODELIVERY SCIENCES INTERNATIONAL INC AS OF APRIL 5 - SEC FILING
* PURCHASED BIODELIVERY SCIENCES INTERNATIONAL SHARES BASED ON BELIEF THAT SHARES, WHEN PURCHASED, “WERE UNDERVALUED”
* INTEND TO ENGAGE IN DISCUSSIONS WITH BIODELIVERY SCIENCES INTERNATIONAL REGARDING BOARD STRUCTURE AND COMPOSITION
* WAS INFORMED BIODELIVERY SCIENCES NOMINATING COMMITTEE DECIDED NOT TO PROCEED WITH APPOINTMENT OF STOCKHOLDER REPRESENTATIVE
* IF MUTUALLY AGREEABLE RESOLUTION WITH BIODELIVERY SCIENCES INTERNATIONAL NOT REACHED, RESERVE RIGHTS TO NOMINATE DIRECTOR CANDIDATES Source text: (bit.ly/2qpEtoH) Further company coverage: