Acquiring Company
Merck
Acquired Company
Imago BioSciences, Inc.
RahwaySan CarlosManufacturingBiotechnologyHealthcareHealth CareBiotechnologyHealthcareHealth CareTherapeuticsPharmaceuticalDescription
Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced the successful completion of the cash tender offer, through a subsidiary, for all of the outstanding shares of common stock of Imago BioSciences, Inc. (Nasdaq: IMGO), at a purchase price of $36.00 per share in cash, without interest and subject to deduction for any required tax withholding. As of the tender offer expiration at one minute after 11:59 p.m., Eastern Time, on January 10, 2023, 31,307,028 shares of common stock of Imago were validly tendered and not withdrawn from the tender offer, representing approximately 89.2% of the total number of Imago’s outstanding shares on a fully diluted basis. All such shares have been accepted for payment in accordance with the terms of the tender offer, and Merck expects to promptly pay for such shares.
Quick answer
Merck is acquiring Imago BioSciences, Inc., announced January 11, 2023. Merck is based in Rahway, New Jersey, United States.
- Who acquired Imago BioSciences, Inc?
- Merck agreed to acquire Imago BioSciences, Inc. on January 11, 2023.
- How much did Merck pay for Imago BioSciences, Inc?
- The deal value was not disclosed.
- What does Merck do?
- For over 130 years, Merck, known as MSD outside of the United States and Canada, has been inventing for life, bringing forward medicines and vaccines for many of the world’s most challenging diseases in pursuit of our..
- Where are Merck and Imago BioSciences, Inc. based?
- Merck is based in Rahway, New Jersey, United States. Imago BioSciences, Inc. is based in San Carlos, California, United States.
- Who are the decision-makers at Merck?
- Fundz holds 3 contacts at Merck. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Imago BioSciences, Inc.?
Imago BioSciences, Inc. was acquired by Merck, based in Rahway. The deal was reported on January 11, 2023. Merck is publicly traded (MRK) and operates in Manufacturing.
When did Merck acquire Imago BioSciences, Inc.?
Merck's acquisition of Imago BioSciences, Inc. was reported on January 11, 2023. Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced the successful completion of the cash tender offer, through a subsidiary, for all of the outstanding shares of common stock of Imago BioSciences, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Imago BioSciences, Inc. do?
It is privately held, operating in Biotechnology, and is based in San Carlos.
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