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Stock impact report

Merus (MRUS) Soars to New High on Genmab Merger at 41% Premium [Yahoo! Finance]

Merus N.V. - Common Shares (MRUS) 
Last merus n.v. - common shares earnings: 8/19 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: nasdaq.com/symbol/mrus
Company Research Source: Yahoo! Finance
Shares of Merus NV soared to a new record high on Monday, as investors gobbled up shares following news that it was set to be acquired by Genmab AS at a 41-percent premium. In a statement, Genmab AS said that it entered into an agreement with Merus NV (NASDAQ:MRUS) for the acquisition of the latter, through its subsidiary, Purchaser, for $8 billion. Merus (MRUS) Soars to New High on Genmab Merger at 41% Premium Pixabay/Public domain Under the deal, Purchaser will acquire all of Merus NV's (NASDAQ:MRUS) outstanding shares at a price of $97 apiece. The tender offer is subject to the satisfaction of customary closing conditions, including a minimum acceptance condition of at least 80 percent of Merus NV's (NASDAQ:MRUS) common shares. The companies said the purchase price stands at a 41-percent premium over Merus NV's (NASDAQ:MRUS) $68.89 closing price on September 26, and approximately 44 percent over its 30-day volume-weighted average price of $67.42. Genmab said it will Show less Read more
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