AcquisitionsApr 23, 2026, 08:58 AM
DAWN: Servier Tender Offer Expires, 85.34% Shares Acquired
AI Summary
Servier's cash tender offer to acquire Day One Biopharmaceuticals, Inc. expired on April 22, 2026. A significant majority of shares, totaling 88,180,910 and representing approximately 85.34% of Day One's outstanding common stock, were validly tendered at $21.50 per share. This successful tender offer indicates the acquisition by Servier is proceeding as planned.
Key Highlights
- Servier's tender offer for Day One Biopharmaceuticals expired on April 22, 2026.
- A total of 88,180,910 shares were validly tendered.
- This represents approximately 85.34% of outstanding shares.
- The offer price was $21.50 per share.