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The Week In Cannabis: CT Goes Legal, O'Brien Smokes On TV, A New Extraction Giant And More

The Week In Cannabis: CT Goes Legal, O'Brien Smokes On TV, A New Extraction Giant And More
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MorphoSys Commences Cash Tender Offer for All Outstanding Shares of Constellation Pharmaceuticals


MorphoSys Commences Cash Tender Offer for All Outstanding Shares of Constellation Pharmaceuticals
ACCESSWIRE
17 Jun 2021, 08:31 GMT+10
PLANEGG, GERMANY / ACCESSWIRE / June 16, 2021 / MorphoSys AG (FSE:MOR)(NASDAQ:MOR) ( MorphoSys ) today announced that it is commencing a cash tender offer to purchase all outstanding shares of Constellation Pharmaceuticals, Inc., (CNST) ( Constellation ) for $34.00 per share, net to the seller in cash, without interest, and subject to any applicable withholding of taxes. The tender offer is being made pursuant to the previously announced merger agreement, dated June 2, 2021 between MorphoSys and Constellation.
The tender offer is scheduled to expire at one minute past 11:59 p.m. New York City Time, on July 14, 2021, unless extended or earlier terminated, in each case in accordance with the terms of the merger agreement. The tender offer is subject to various conditions including a minimum tender of at least a majority of outstanding ....

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