Calliditas Therapeutics shares are trading higher after the company's board recommended the acceptance of Asahi Kasei's tender offer.
Portfolio Pulse from Benzinga Newsdesk
Calliditas Therapeutics shares are trading higher following the company's board recommendation to accept Asahi Kasei's tender offer.
May 28, 2024 | 11:29 am
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Calliditas Therapeutics shares are trading higher after the company's board recommended the acceptance of Asahi Kasei's tender offer.
The board's recommendation to accept the tender offer is a strong positive signal, likely leading to a short-term increase in share price as investors anticipate the acquisition.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100