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0 0.00133689839572193 0.00133689839572193 0.00190985485103135 0.00133689839572193 0.000954927425515742 0.00152788388082516 0.00171886936592825
Stock impact report

Clementia Pharmaceuticals Inc. Shareholders Approve Plan of Arrangement With Ipsen S.A.

CLEMENTIA PHARMACEUTICALS INC COMMON SHARES (CMTA) 
Last clementia pharmaceuticals inc common shares earnings: 11/7 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
MONTREAL, April 09, 2019 (GLOBE NEWSWIRE) -- Clementia Pharmaceuticals Inc. (Nasdaq: CMTA) ("Clementia" or the "Corporation") is pleased to announce that its shareholders have approved the previously announced statutory plan of arrangement under the Canada Business Corporations Act pursuant to which a wholly-owned subsidiary of Ipsen S.A. will acquire all of the issued and outstanding common shares of Clementia for US$25.00 per share in cash upfront on completion of the transaction plus a deferred payment on the achievement of a future regulatory milestone in the form of a contingent value right of US$6.00 per share payable upon the U.S. Food and Drug Administration's (FDA) acceptance of submission of a new drug application (NDA) filing for palovarotene for the treatment of multiple osteochondromas (MO) on or prior to December 31, 2024. At the special meeting of shareholders of Clementia held earlier today, the plan of arrangement was approved by 99.9961% of the votes cast by share Show less Read more
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