Paratek Pharmaceuticals shares are trading higher after the company announced that it entered into a definitive agreement to be acquired by Gurnet Point Capital and Novo Holdings.
Portfolio Pulse from Benzinga Newsdesk
Paratek Pharmaceuticals has entered into a definitive agreement to be acquired by Gurnet Point Capital and Novo Holdings, causing its shares to trade higher.
June 06, 2023 | 4:10 pm
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Paratek Pharmaceuticals' shares are trading higher after announcing an acquisition agreement with Gurnet Point Capital and Novo Holdings.
The acquisition agreement with Gurnet Point Capital and Novo Holdings is a positive development for Paratek Pharmaceuticals, as it indicates the company's value and potential for growth. This news has led to an increase in the company's share price, reflecting investor optimism about the deal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100