BUZZ-Catalyst Pharma climbs on $4.1 billion buyout deal

Catalyst Pharmaceuticals, Inc.

Catalyst Pharmaceuticals, Inc.

CPRX

0.00

** Shares of drugmaker Catalyst Pharmaceuticals CPRX.O rise 1.3% to $30.90 premarket

** Italy's Angelini Pharma says it will acquire Catalyst Pharmaceuticals in a $4.1 billion deal

** Angelini will pay $31.5 in cash for each Catalyst share, representing a 3% premium over the company's last closing price

** Catalyst specializes in the treatment of rare and difficult-to-treat conditions

** Up to last close, stock up 30.8% YTD


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.