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Stock impact report

Ultragenyx proposes to buy all Dimension Therapeutics outstanding common stock for $138 mln [MarketWatch]

DIMENSION THERAPEUTICS (DMTX) 
US:NASDAQ Investor Relations: investors.dimensiontx.com
Company Research Source: MarketWatch
Ultragenyx proposes to buy all Dimension Therapeutics outstanding common stock for $138 mln Ultragenyx Pharmaceutical Inc. RARE, -0.04% said early Monday that it has proposed to buy all outstanding common stock of Dimension Therapeutics Inc. DMTX, +0.00% for $5.50 per share, or about $138 million. The offer would be offered in cash at close to be effectuated via a tender offer, Ultragenyx said. Dimension Therapeutics shares, which were valued at $4.20 as of Friday's close, were halted in premarket trade Monday. REGENXBIO Inc. RGNX, +0.35% said in late August that it planned to buy Dimension Therapeutics for about $3.41 per share, and that the board of directors of both companies had signed on. But Ultragenyx said that its offer represents "premiums of 24% and 48% over the implied value of the all-stock consideration" offered by REGENXBIO. "As such, the proposal would provide Dimension stockholders with an immediate and certain return on their investment in Dimension and const Show less Read more
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