Needham downgraded Centessa (CNTA) to Hold from Buy after Eli Lilly (LLY) agreed to acquire all of the issued and to be issued share capital of Centessa for $38.00 in cash per share plus one non-transferrable contingent value right worth up to an aggregate of $9.00.
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Read More on CNTA:
- Centessa downgraded to Equal Weight from Overweight at Stephens
- Eli Lilly to acquire Centessa for $38/share in cash plus one CVR
- Eli Lilly to acquire Centessa for $38.00 per share in cash plus one CVR
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