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Cubist Pharmaceuticals Inc Completes Acquisition Of Optimer Pharmaceuticals

Thursday, 24 Oct 2013 09:45am EDT 

Cubist Pharmaceuticals, Inc announced that it has completed its acquisition of Optimer Pharmaceuticals, Inc for an aggregate upfront cash consideration of approximately $551 million. Optimer stockholders approved the merger agreement at a special meeting of stockholders held on October 23, 2013. Effective on October 24, 2013, Optimer common stock will cease to be traded on the NASDAQ. Cubist's acquisition of Optimer follows the Company's September 11, 2013 acquisition of Trius Therapeutics. 

Company Quote

-1.49 -2.06%
24 Oct 2014