Acer Therapeutics shares are trading higher after Zevra Therapeutics announced it will acquire the company. The transaction will have a total potential value for Acer stockholders of up to $91 million.
Portfolio Pulse from Benzinga Newsdesk
Zevra Therapeutics has announced its plans to acquire Acer Therapeutics. The deal could potentially value Acer at up to $91 million.
August 31, 2023 | 2:08 pm
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Acer Therapeutics' shares are trading higher following the announcement of its acquisition by Zevra Therapeutics. The deal could potentially value Acer at up to $91 million.
The acquisition announcement by Zevra Therapeutics has led to a rise in Acer Therapeutics' share price. The potential valuation of Acer at up to $91 million indicates a positive outlook for the company's shareholders.
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