DealBook: Merck Agrees to Acquire Drug Maker Cubist for $9.5 Billion

08 Monday Dec 2014

Posted by David Sturtz in DealBook: Merck Agrees to Acquire Drug Maker Cubist for $9.5 Billion

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IFTTT, NYT > Business Day

Under the deal, Merck will pay $102 a share in cash for Cubist, representing a 35 percent premium to Cubist’s average share price for the five most recent trading days.

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