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Cidara Therapeutics Is Up Over 100%. Here's What Investors Need to Know
finance.yahoo.com/news/cidara-therapeutics-over-100-heres-115700592.html
Key Points
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Merck has announced plans to acquire Cidara Therapeutics for $9.2 billion, or $221.50 per share.
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Representing a heavy premium to the biotech's prior trading price, the bid caused its shares to surge.
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A bidding war isn't likely, but there are other profitable takeaways for…
This story appeared on finance.yahoo.com, 2025-11-20 11:57:00.