Lundbeck forking out $2.6 billion to acquire Longboard Pharma

15 October 2024

Danish CNS specialist Lundbeck (LUND: CO) today revealed that it has reached agreement to acquire Londboard Pharmaceuticals (Nasdaq: LBPH).

Lundbeck said it will commence a tender offer for all outstanding shares of Longboard common stock, whereby Longboard shareholders will be offered a payment of $60.00 per share in cash.

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