Ventyx Biosciences has agreed to be acquired by Eli Lilly for $14.00 per share in cash, a deal exceeding Jefferies’ implied equity reference range. The HSR waiting period has ended, though closing is still subject to customary conditions. Two shareholder lawsuits have been filed alleging disclosure deficiencies.
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Ventyx Biosciences agrees to $14.00 cash per share merger with Eli Lilly; HSR waiting period cleared
Ventyx Biosciences has agreed to be acquired by Eli Lilly for $14.00 per share in cash, a deal exceeding Jefferies’ implied equity reference range. The HSR waiting period has ended, though closing is still subject to customary conditions. Two shareholder lawsuits have been filed alleging disclosure deficiencies.