Home Merck begins offer for Cubist shares in $8.4 billion deal
 

Keywords :   


Merck begins offer for Cubist shares in $8.4 billion deal

2014-12-20 11:42:26| Biotech - Topix.net

The drugmaker Merck is launching its previously-disclosed $8.4 billion offer to buy Cubist Pharmaceuticals shares in a deal that aims to strengthen its ability to treat serious infections, an issue drawing growing concern globally. Merck said earlier this month that it will pay $102 in cash for each share of Cubist, which represented a 37 percent premium to the stock's closing price before the deal was announced.

Tags: offer deal begins shares

Category:Biotechnology and Pharmaceuticals

Latest from this category

All news

»
26.11
26.11HG
26.11&
26.11 XL Dime Final Jersey Navy
26.11-o SAPIX 4
26.11
26.112
26.11CUH-2000b PlayStation4
More »