Allergan (AGN) Enters agreement to Acquire Naurex in Net $560M Deal
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Allergan to Acquire Naurex
July 26, 2015 8:00 AM EDTDUBLIN and EVANSTON, Ill., July 26, 2015 /PRNewswire/ --Â Allergan plc (NYSE: AGN), a leading global pharmaceutical company, and Naurex Inc., a clinical-stage biopharmaceutical company developing transformative therapies for challenging disorders of the central nervous system, today announced that they have entered into a definitive agreement under which Allergan will acquire Naurex in an all-cash transaction. Under the terms of the agreement, Allergan will acquire Naurex for a $560 million upfront payment net of cash acquired, $460 million of which is payable upon the closing of the acquisition and $100 million of which is... More
