Pfizer bought out this company and agrees to pay 100$ per sh...
$Arena Pharmaceuticals(ARNA.US$ Pfizer bought out this company and agrees to pay 100$ per share. It is free money buying anything below 100$ at this point.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
102355763 : It’s funny how Pfizer just narrowly sits above 50, yet using 100 per share to buy ARNA, which is less that 50
102415025 : Becareful
102415025 : If it drop it can be very painful
Cybercore 102355763: Arena is 100 USD for 0.061 Billion Shares
Pfizer is 50 USD for 5.610 Billion Shares
It makes sense.
mingwei02 102415025: Arena Pharmaceuticals (ARNA) – The drugmaker agreed to be acquired by Pfizer for $100 per share in cash, or about $6.7 billion. Arena soared 93.1% in premarket trading following news of the transaction. Clinical stage company is worth 6.7b. $$Myovant Sciences Ltd.(MYOV)$ MYOV is probably next on the M&A list with a higher valuation