Brief: Merck To Acquire Cidara Therapeutics, Diversifying Its Portfolio To Include Late-Phase Antiviral Agent
Nov 14 (Reuters) - Merck & Co Inc MRK.N: MERCK TO ACQUIRE CIDARA THERAPEUTICS, INC., DIVERSIFYING ITS PORTFOLIO TO INCLUDE LATE-PHASE ANTIVIRAL AGENT MERCK & CO INC - TO BUY CIDARA FOR $9.2 BILLION MERCK & CO INC PROPOSED DEAL FOR $221.50 PER SHARE IN CASH MERCK & CO INC: UNDER TERMS OF MERGER AGREEMENT, MERCK, THROUGH A UNIT, WILL ACQUIRE ALL OF OUTSTANDING SHARES OF CIDARA Source text: ID:nBw1hzDwPa Further company coverage: MRK.N ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Cidara Therapeutics
See all newsNASDAQ TRADE HALT CONTINUES REASON NOT AVAILABLE AT 03:58 AM
NASDAQ TRADE HALT TRADING HALTED; FOR INFORMATION REQUESTED BY NASDAQ AT 07:50 PM
Brief: Merck Seeks Up To $8 Billion In Us Bond Sale Tied To Cidara Deal - Bloomberg News
Merck rises after Wells Fargo upgrades stock to 'overweight'
Factbox: Major deals involving U.S. drugmakers and biotechs over the past decade