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Eli Lilly extends tender offer deadline for Point Biopharma shares on low participation

Lilly set Dec. 15 as the deadline in a third extension. The Indianapolis-based drugmaker maintained its offer price at $12.50 per share, which is over 10% lower than Point Biopharma's last closing price of $13.80. Lilly had struck a $1.4 billion deal to buy Point Biopharma in October.
Shilpi Majumdar Biotechnology Value Fund Point Biopharma Global Point Biopharma Value Fund Boris Peaker
Source: yahoo.com

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