Theseus Pharmaceuticals Enters Into Agreement To Be Acquired By Concentra Biosciences For between $3.90 And $4.05 In Cash Per Share Plus A Contingent Value Right; Acquisition Is Expected To Close In February 2024
Portfolio Pulse from Benzinga Newsdesk
Theseus Pharmaceuticals has agreed to be acquired by Concentra Biosciences for a price between $3.90 and $4.05 per share in cash, along with a contingent value right. The acquisition is anticipated to close in February 2024.

December 22, 2023 | 11:34 am
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Theseus Pharmaceuticals has entered into an acquisition agreement with Concentra Biosciences, with shareholders to receive $3.90 to $4.05 in cash per share plus a contingent value right.
The acquisition agreement is highly relevant and important to Theseus Pharmaceuticals' shareholders as it directly affects the value they will receive for their shares. The price range of $3.90 to $4.05 represents a clear financial outcome for shareholders, and the inclusion of a contingent value right could provide additional future value. The positive score reflects the immediate cash value being offered to shareholders, which is typically viewed favorably in the market. The confidence level is high due to the definitive nature of the agreement, but not at 100% as the deal is expected to close in the future, and unforeseen circumstances could affect the final outcome.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 100