Denmark's Lundbeck to buy Longboard Pharma in $2.6 billion deal

The companies said Lundbeck will acquire all of Longboard's shares for $60 per share, which represents a premium of 54.2% to the stock's last close of $38.90. Longboard's lead drug candidate, bexicaserin, for seizures associated with a group of epile

By: Yahoo Finance

Oct 14 2024
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Denmark's Lundbeck to buy Long

(Reuters) -Denmark's H Lundbeck A/S has agreed to buy Longboard Pharmaceuticals (LBPH) in a $2.6 billion deal to boost its pipeline of treatments for neuro-rare conditions, sending shares of the US-based company up 43.9% in premarket trading.
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