Immune Design stock more than triples as it gets acquired by Merck
Immune Design stock more than triples as it gets acquired by Merck
Merck (MRK) announced that it will acquire immunotherapy developer Immune Design (IMDZ) for $5.85 per share in cash for an approximate value of $300 million. Shares of Immune Design skyrocketed more than 300% in the pre-market trading, while Merck stock was trading flat.
(This story will be developed shortly)
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