Watching Seres Therapeutics; Traders Circulate Unconfirmed M&A Blog Comments Suggesting Nestle Has Offered To Acquire The Company For $750M, Or $6-$6.50/Share
Portfolio Pulse from Benzinga Newsdesk
Traders are circulating unconfirmed blog comments suggesting that Nestle has offered to acquire Seres Therapeutics for $750 million, or $6-$6.50 per share. This potential acquisition could impact Seres Therapeutics' stock price.
September 06, 2024 | 2:43 pm
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Unconfirmed reports suggest Nestle may acquire Seres Therapeutics for $750M, potentially valuing shares at $6-$6.50. This could lead to a short-term increase in MCRB's stock price.
The unconfirmed nature of the acquisition rumor introduces uncertainty, but if true, the acquisition price suggests a premium over current trading levels, likely boosting MCRB's stock price.
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