UPDATE 1-Italy's Angelini Pharma to buy Catalyst Pharmaceuticals for $4.1 billion
Catalyst Pharmaceuticals, Inc.
Catalyst Pharmaceuticals, Inc. CPRX | 0.00 |
Adds details in paragraphs 2 and 3
May 7 (Reuters) - Italy's Angelini Pharma said on Thursday it has agreed to acquire Catalyst Pharmaceuticals CPRX.O for $4.1 billion.
The Italian drugmaker will pay $31.5 in cash for each share of Catalyst, which specialises in rare disease therapies.
The offer represents a 3% premium to Catalyst's last closing price, according to data compiled by LSEG.
